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Assingment-2 Answer

|chapter 4 |chapter 5 |chapter 6 |

|27. c |36. b |43. c |

|28. a |37. a |44. a |

|29. b |38. d |45. c |

|30. e |39. d |46. d |

|31. b |40. b |47. b |

|32. e |41. a | |

|33. e |42. e | |

|34. b | | |

|35. b | | |

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1. What are the essential elements of a Feasibility Analysis? Explain each element.

a. Industry and Market Feasibility; Determining how attractive an industry is overall as a “home” for a new business and identifying any possible niches.

b. Product or Service Feasibility; Determines the degree to which a product or service idea appeals to potential customers and identifies the resources necessary to produce it

c. Financial Feasibility; Capital requirements ( start-up costs), estimated earnings, and return on investments.

2. Do a brief comparison between the major forms of ownership in terms of Tax, management, and liabilities

|Major Forms of Business |Management |Taxes |Liabilities |

|  |  |  |  |

|Corporations |Separate management |Double Taxation |Limited |

|Sole Proprietorships...