Arun has developed an innovative eco-friendly packaging solution. His initial market research shows high interest from potential customers, but the technical implementation requires significant investment in new technology. He's trying to decide whether to proceed with a full business plan.

Which critical component of the feasibility study should Arun prioritize?

1
Organizational feasibility to determine legal structure
2
Market feasibility to confirm customer interest
3
Technical feasibility focusing on implementation costs and viability
4
None of the above
5
More than one of the above

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