Feasibility Study

What is the purpose of a feasibility study?

• To make decisions about system development

• To assess technical feasibility

• To analyze operational processes

• To evaluate economic viability

Which type of feasibility assesses whether a proposed project can be implemented using current technology?

• Technical feasibility

• Operational feasibility

• Economic feasibility

• Strategic feasibility

What is the key element of a technical feasibility study?

• Defining the purpose and scope

• Identifying key stakeholders

• Including technical details

• Assessing risks and opportunities

What does an operational feasibility study analyze?

• End-user feelings about a new process

• Evaluation of process implementation

• Resistance to change

• All of the above

What is the purpose of in-house strategies in operational feasibility?

• To evaluate resistance to change

• To assess the impact on the work environment

• To review the implementation process

• To identify potential risks and challenges

What does economic feasibility refer to?

• The ability to generate revenue

• The ability to cover costs

• The ability to provide a return on investment

• All of the above

What is the role of market analysis in economic feasibility?

• Identifying potential risks and challenges

• Making informed decisions

• Optimizing resources

• Assessing the economic viability of a project

Which technique involves comparing the projected benefits to the projected costs?

• Benefit-cost analysis

• Payback period

• Net present value

• Internal rate of return

What does the payback period calculate?

• The time for benefits to equal costs

• The present value of expected cash flows

• The percentage return on investment

• The minimum level of sales required

What does a positive net present value indicate?

• Economic feasibility

• Technical feasibility

• Operational feasibility

• Strategic feasibility