Name: BSM1501 Assignment 2 2025 - Due 17 April 2025 - StudyPass
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BSM1501 Assignment 2 2025 – Due 17 April 2025

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II
Assessment 2
Started on Monday, 14 April 2025, 1 :38 PM
State Finished
Completed on Monday, 14 April 2025, 2.32 PM
Time taken 53 mins 54 secs
Marks 33.67/40.00
Grade 50.50 out of 60.00(84.17%)
Question T
If the market potential and profit potential show that the business idea is viable, the next step in the planning stage was to
Correct
Mark 1.00 out of
a.
implement the idea
1.00
b. determine the market and profit potential
c. do a feasibility study
d. draw up a business plan
Question Z
Consumers’ preferences for one product over another, relate to the segment of the total potential market for cleaning services.
Correct
Mark 1.00 out of
a. geographic