Discussion Board

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.