See description week 11 online. “Business Planningÿ” Please respond to the following:Select a new business opportunity that you may have been pondering. Compile a list of ideas for possible implementation, and determine their strengths and possible challenges that you may face.Evaluate your business opportunity using a feasibility analysis. Next, determine the main components of the feasibility analysis that are easy to execute and the main components that can possibly present challenges. Support your response.