Innovation and Entrepreneurship MBA

The Most Important Questions

Antim Prahar
1 Feasibility Analysis Aspects  (Economic, Financial, Market and Technological feasibility
•Economic Feasibility:

•Market Demand: Evaluate whether there is sufficient demand for the product or service. Conduct market research to understand customer needs, preferences, and willingness to pay.

•Industry Analysis: Assess the current state and future outlook of the industry. Consider factors such as market trends, competition, regulatory environment, and potential barriers to entry.

•Cost-Benefit Analysis: Estimate the costs involved in setting up and operating the business and compare them with potential benefits. Determine whether the expected returns justify the investment.

•Resource Availability: Evaluate the availability of resources such as raw materials, labor, and infrastructure. Consider any potential constraints or risks related to resource scarcity or supply chain disruptions.