Leo is thinking about opening a greeting card store on the main street in his small town. In addition to thinking about the business’s feasibility in terms of the customers he hopes to attract, which aspects of feasibility should Leo prioritize during his initial research?

Question

(1 point)

skills, abilities

laws, codes

trends, competitors

resources, labor

Answer 1

The aspects of feasibility that Leo should prioritize during his initial research include resources and labor. This includes assessing the availability and cost of the necessary resources such as cards, envelopes, and other supplies. Leo should also evaluate the availability and cost of labor, and consider if he has the skills and abilities to effectively manage the store. While laws and codes are important considerations, they may come into play later in the process, such as when securing permits or licenses for the store. Similarly, trends and competitors are important to consider, but may be part of a marketing and competitive analysis later on. Therefore, skills, abilities, resources, and labor should be the main priorities for Leo's initial research.