Feasibility study

____is the process of determining whether a business idea is viable.  It is the primary evaluation of the business.

• Feasibility Analysis
• Business Plan
• Howard Plan
• None of the Above

The proper time to conduct a feasibility analysis.

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

"measures whether the organization has or can obtain the hardware,software, and people needed to deliver and then support the proposed information system"
The above statement describe one of the 4 feasibility assessment done by a System Analyst.  what is the feasibility assessment about?

• Schedule feasibility
• Technical feasibility
• Economic feasibility
• Operational feasibility

Which of the following is a reason to conduct a feasibility study:

• Considering a new product idea

• Ordering office supplies

• Hiring a new employee

• Choosing an advertising slogan

The end goal of a feasibility study is to

• convince investors to commit money to the venture

• determine the best marketing tactics for the venture

• ensure that competitors cannot steal the idea for the venture.

• allow owners/managers to make a sound decision about the venture

The financial section of a feasibility study must include sources of

• staffing.

• funding

• materials

• technology

A business’s computer networking requirements would be listed in which section of a feasibility study:

• Financial

• Technical

• Organizational

• Marketing

A feasibility study is carried out

• after final requirements specifications are drawn up

• during the period when requirements specifications are drawn up

• before the final requirements specifications are drawn up

• at any time

The main objective of feasibility study is

• to assess whether it is possible to meet the requirements specifications

• to assess if it is possible to meet the requirements specified subject to constraints of budget, human resource and hardware

• to assist the management in implementing the desired system

• to remove bottlenecks in implementing the desired system

A cost-benefit analysis is performed as a part of

• system design

• system specification

• system performance assessment

• feasibility analysis