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Explain the purpose of industry/target market feasibility analysis.

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.