Multiple Choice
LuminAid, the company profiled in the opening feature of Chapter 3, was started to produce solar pillows, which are solar powered devices that are simple and can be easily and affordably shipped to disaster locations. The feature describes how LuminAid sought to validate its business idea. According to the feature ________.
A) LuminAid was unable to validate its business idea and the idea was dropped
B) LuminAid's feasibility analysis was incomplete, and the company has struggled ever since it was launched
C) LuminAid's feasibility analysis was flawed, and the company failed
D) LuminAid did an exemplary job validating its business idea, and its solar pillow is now available via the company's Web site, Amazon.com, LL Bean and several similar outlets
E) LuminAid's feasibility analysis was well done, and the company was acquired by Coleman before it could launch its solar pillow as an independent company
Correct Answer:

Verified
Correct Answer:
Verified
Q17: Does it make sense? Is it reasonable?
Q25: The two components to product/service feasibility analysis
Q26: The two primary issues to consider in
Q33: Which of the following issues should be
Q38: The two components of product/service feasibility analysis
Q39: The template for completing a feasibility analysis
Q41: A/B split testing, landing pages, prototyping services,
Q42: Describe the purpose of feasibility analysis. When
Q44: Which of the following is not an
Q69: A feasibility analysis is an assessment of