Podcast
Questions and Answers
What is the primary purpose of a feasibility report?
What is the primary purpose of a feasibility report?
When reviewing a feasibility report, what alternative may readers consider?
When reviewing a feasibility report, what alternative may readers consider?
In situations where readers prefer a change, what is often the focus of their decision-making?
In situations where readers prefer a change, what is often the focus of their decision-making?
How might the choice between materials, such as metal or plastic in sailboats, illustrate decision-making in feasibility reports?
How might the choice between materials, such as metal or plastic in sailboats, illustrate decision-making in feasibility reports?
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What common misconception do readers have about feasibility reports?
What common misconception do readers have about feasibility reports?
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Study Notes
Feasibility Reports
- Feasibility reports guide decision-makers by presenting options.
- Readers implicitly consider the "do nothing" alternative.
- This often involves maintaining the current state.
- Example: sticking with metal parts in sailboats instead of plastics.
- Frequently, readers are already aware of a needed change, and will pick between various alternatives.
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Description
Explore the key concepts of feasibility reports and their role in decision-making. This quiz highlights how these reports present options, the importance of considering alternatives, and examples such as material choices in sailboat construction. Test your understanding of the significance of evaluating alternatives within the decision process.