Topic 7 Business Feasibility Study

Which of the following is not the purpose of Feasibility Study?

• Provide quality information for decision making

• Establish market trends

• Give focus to the project and outline alternatives

• Specify business alternatives

Which of the following is included in the composition of feasibility study?

• Financial Feasibility Study

• Demographic Feasibility Study

• Physical Feasibility Study

• Resources Feasibility Study

Which of the following is not true about Target Market?

• Can be individuals, households, business organizations local as well as international and government organizations

• The group of customers with needs and wants that can be satisfied by the business through the supply of product/service.

• Involve determining who are the customers the business wishes to serve

• Participate as representative in Feasibility Study

Which of the following is among the aspects of technical feasibility study?

• Demand

• Location

• Security

• Instruction

Which of the following is not the expectation of a A feasible or viable event idea?

• Withstand the risks it will encounter

• Generate adequate cash flow and profits

• Remain viable in short period

• Meet the goals of the founders

1) ________ is the process of determining whether an event idea is viable.

• A) Feasibility analysis

• B) Opportunity recognition

• C) Viability analysis

• D) Achievability analysis

• E) Scenario analysis

10) ________ feasibility analysis is a quick financial assessment of the viability of an event idea.

• A) Organizational

• B) Institutional

• C) Product/service

• D) Financial

• E) Industry/market

The proper time to conduct a feasibility analysis.

• Early in thinking
• Late in thinking
• Who cares!
• Hey, it might snow!

When you have a feasible concept, the next step is to develop a/an__________________.

• business plan

• financial analysis

• feasibility analysis

• industry

Which of the following can be the cause of project failure

• Poor project specification
• Appropriate staff employed
• Project End Report
• Risk Owner