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Feasibility Study Quiz

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Questions and Answers

Which of the following is included in a feasibility study?

A plan for a production rollout

An evaluation of alternatives

An analysis of the current operating method (correct)

A definition of a problem or opportunity to be studied

What is the purpose of a feasibility study?

To define a problem or opportunity

To appraise the likely chronology of new business activities

To convince collaborators, investors, and funders

To provide analytical evidence (correct)

What does a feasibility study intersect with when it reveals funding can arrive in segmented tiers at specific development milestones?

Production rollout plan

Financial evaluation (correct)

Definition of requirements

Chronology of business activities

What can a feasibility study serve as?

A proof-of-concept tool Signup and view all the answers

What is a feasibility study?

A definition of a problem or opportunity to be studied Signup and view all the answers

Which of the following is NOT included in a feasibility study?

Identification of funding sources Signup and view all the answers

What is the purpose of a production rollout plan in a feasibility study?

To determine the likely chronology of business activities Signup and view all the answers

What is the role of a feasibility study in convincing collaborators, investors, and funders?

To serve as a proof-of-concept tool Signup and view all the answers

Why is a feasibility study considered essential for a new business venture?

To identify potential risks and challenges Signup and view all the answers

What does a feasibility study provide in terms of funding for a project?

Segmented tiers at specific development milestones Signup and view all the answers