| | | Enterpreneurship and Management of Small and Medium Enterprises, Notes, Appraisal, market, meaning, oriented| 3
Advertisement Market Oriented Appraisal: Before the production actually starts, the entrepreneur needs to anticipate the possible market for the product. He has to anticipate who will be the possible customers for his product & where & when his product will be sold.. The survival of...
| | | Enterpreneurship and Management of Small and Medium Enterprises, Notes, Appraisal, Economic, oriented| 8
Economic Oriented Appraisal: The economic viability depends upon its profitability. A project without adequate profits or which is likely to incur losses, cannot be commercially viable. Economic viability can be carried out through projections of profitability for a period ranging from 3 to 10 years .The profitability...
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