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A Feasibility Study is part of a business plan and is used in business to basically show how feasible it will be to create the product which is being outlined - it is also used as a marketing tool to show investers how likely the product will withstand itself in the market space and what market share it can command. The study in and of itself is used mainly to analyze market share, market space, and mitigate risk when creating a product or service in business. To create one you need to research in detail the product and how it relates to those areas with risk mitigation as the main focus.
A basic outline: what is being offered and why, who will use it and why, who else offers the same or similar, how will it be marketed and where, what is the cost involved.
What else can I help you with?
Differentiate between a Feasibility study and a viability study?
The difference between feasibility study and a viability study is in what they determine. Feasibility study looks at the practicability of the business while viability studies look at how well a business can stand risks and survive.
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.
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?
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.
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
Feasibility study examples?
Feasibility study
What are the parts of feasibility study?
parts of the feasibility study
What to write in the introduction of feasibility study?
feasibility study
What are some feasibility study topics?
Marketing Feasibility study
Project feasibility study example?
sample of feasibility study
Feasibility study OF a NEW supermarket?
feasibility study for bakeshop and food service operation
Components of project feasibility?
1. Feasibility Study Request 2. Feasibility Study report
Downloadable document on feasibility study on insurance company?
you have to study thefollowing 1- economic feasibility 2- technical feasibility 3-financial feasibility 4-marketingb feasibility
List of Example of a feasibility study for a bakeshop?
a feasibility study on how to start a bakeshop
Can you give me a sample of feasibility study titles..?
Feasibility study of SH1t as a perfume
Feasibility study for a business like piggery?
feasibility study for piggery projects?
