The primary purpose of a feasibility study is to answer which question?

Should we proceed with this project?

What are the opportunity costs of this project?

What technology will be needed for this project?

Ben is conducting a feasibility study for a new venture idea. Which question should Ben answer in terms of the financial considerations for the venture?

How will the business obtain the money it needs?

What regulations is the business likely to encounter?

Is there a real demand for the idea, good, or service?

How will the business communicate information about its products?

Quiz

Chad Collins 4 questions

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1An individual who takes action when he or she is unsure of the outcome is able to perform which action?
1. ATolerate ambiguity
2. BDemonstrate sincerity
3. CShow empathy
4. DResolve conflicts
2The primary purpose of a feasibility study is to answer which question?
1. AWhat are the opportunity costs of this project?
2. BWhat technology will be needed for this project?
3. CShould we proceed with this project?
4. DIs this business plan valid?
3Which is a characteristic of a well-conducted feasibility study?
1. ASubjective
2. BAbbreviated
3. CGeneral
4. DComplete
4Ben is conducting a feasibility study for a new venture idea. Which question should Ben answer in terms of the financial considerations for the venture?
1. AHow will the business obtain the money it needs?
2. BWhat regulations is the business likely to encounter?
3. CIs there a real demand for the idea, good, or service?
4. DHow will the business communicate information about its products?