Discussion Board #3

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Submit a minimum of 100-word answer for each of the following questions :

1. Explain the purpose of industry/target market feasibility analysis.
   
   • Briefly describe its three components
2. What is a target market?
3. Why do most start-ups start in target markets rather than broader markets that have more customers?
4. Describe the purpose of organizational feasibility analysis.
   • Briefly describe its two components.