(Solution) - Define a concept for a new venture using the four -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

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Define a concept for a new venture using the four components discussed in the chapter: product/ service, customer, benefit, and distribution. Conduct a quick test on some potential customers through a focus group or interviews. Did you secure enough information to make a decision to move forward to conduct a feasibility study? Why or why not?