Matching Feasibility Types
CMAT 2024 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
Match List-I with List-II
| List I | List II |
|---|---|
| A. Availability of Raw Material, Plant, Machinery, etc. | I. Business Plan |
| B. Demand and Customer Preferences | II. Financial Feasibility |
| C. Profit Projections | III. Technical Feasibility |
| D. Market, Technical, Financial | IV. Market Feasibility |
Choose the correct answer from the options given below :
- A.
(A) - (III), (B) - (IV), (C) - (I), (D) - (II)
- B.
(A) - (I), (B) - (II), (C) - (III), (D) - (IV)
- C.
(A) - (II), (B) - (I), (C) - (IV), (D) - (III)
- D.
(A) - (III), (B) - (IV), (C) - (II), (D) - (I)
D
Explanation
(A) - (III): Availability of raw materials, machinery, etc., falls under technical feasibility, as it ensures that the required inputs and resources for production are technically viable.
(B) - (IV): Demand and customer preferences are related to market feasibility, as they determine the product's market acceptance.
(C) - (II): Profit projections relate to financial feasibility, as they evaluate whether the business can sustain itself financially.
(D) - (I): A business plan integrates market, technical, and financial feasibility, summarizing the overall strategy for the business.
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