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What is the meaning of socio-economic study in feasibility study?
The meaning of socio-economic study in feasibility study refers to the financial viability of a given business establishment.
Explain the4 types of feasibility study in system analysis?
In system analysis, the four types of feasibility studies are technical, economic, legal, and operational feasibility. Technical feasibility assesses whether the proposed system can be developed with the current technology and resources. Economic feasibility evaluates the cost-effectiveness and financial viability of the project. Legal feasibility examines compliance with laws and regulations, while operational feasibility looks at the readiness and capability of the organization to implement and support the system.
Why the entrepreneur make a feasibility study?
Entrepreneurs conduct feasibility studies to assess the viability of a business idea before committing significant resources. This analysis helps identify potential challenges, market demand, financial implications, and operational requirements. By evaluating these factors, entrepreneurs can make informed decisions, reduce risks, and increase the likelihood of their venture's success. Ultimately, a feasibility study serves as a roadmap for planning and strategy.
Why is feasibility study important for system design?
Why is feasibility study important for system design?Read more: Why_is_feasibility_study_important_for_system_design
Why is major and basic assumption is very important in preparation of the feasibility study?
wy is the major and basic assumptions very important in the preparation of the feasibility study?
What is the meaning of socio-economic study in feasibility study?
The meaning of socio-economic study in feasibility study refers to the financial viability of a given business establishment.
What is a viability study?
A Viability study is an in depth investigation of the profitability of the business idea to be converted into a business enterprise. A viability study may contain feasibility-, recommendation- or Evaluation report. http://en.wikipedia.org/wiki/Viability_study
What is the importance of a market feasibility study?
A feasibility study's main goal is to assess the economic viability of the proposed business. The feasibility study needs to answer the question: "Does the idea make economic sense?" The study should provide a thorough analysis of the business opportunity, including a look at all the possible roadblocks that may stand in the way of the cooperative's success. The outcome of the feasibility study will indicate whether or not to proceed with the proposed venture. If the results of the feasibility study are positive, then the cooperative can proceed to develop a business plan
Describe the characteristics of a good feasibility study?
A feasibility study's main goal is to assess the economic viability of the proposed business. The feasibility study needs to answer the question: "Does the idea make economic sense?" The study should provide a thorough analysis of the business opportunity, including a look at all the possible roadblocks that may stand in the way of the cooperative's success. The outcome of the feasibility study will indicate whether or not to proceed with the proposed venture. If the results of the feasibility study are positive, then the cooperative can proceed to develop a business plan.
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
What questionnaire is suitable for a restaurant feasibility study?
A questionnaire that is suitable for a restaurant feasibility study is one that will help in making critical decisions. This will look at all the positive and negative issues related to the project. It should give a definite analysis of the viability of the restaurant idea.
Feasibility study examples?
Feasibility study
What are some Feasibility study title in building condo?
Some potential titles for a feasibility study on building a condominium could include: "Market Analysis and Feasibility Study for Urban Condominium Development," "Financial Viability Assessment for a Luxury Condo Project," and "Site Selection and Environmental Impact Study for a New Condominium Complex." These titles reflect key components such as market demand, financial considerations, and site-specific factors essential for assessing the feasibility of a condo project.
What are the parts of feasibility study?
parts of the feasibility study
What to write in the introduction of feasibility study?
feasibility study
What is the difference between initial investigation and feasibility study?
An initial investigation is a preliminary assessment conducted to gather basic information about a project or problem, focusing on identifying key issues and potential solutions. In contrast, a feasibility study is a more in-depth analysis that evaluates the practicality, viability, and potential impact of a proposed project, considering factors such as cost, resources, and risks. While the initial investigation sets the stage for understanding the scope, the feasibility study provides a comprehensive framework for decision-making.
What are some feasibility study topics?
Marketing Feasibility study
