Understanding Feasibility Studies

Understanding Feasibility Studies

9th Grade

10 Qs

quiz-placeholder

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Understanding Feasibility Studies

Understanding Feasibility Studies

Assessment

Quiz

Computers

9th Grade

Practice Problem

Easy

Created by

RACHEL MANG'ENI

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a feasibility study?

A feasibility study is an evaluation of a project's viability and potential success.

A feasibility study is a legal document for project approval.

A feasibility study is a marketing strategy for new products.

A feasibility study is a financial report on past projects.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is a feasibility study important?

A feasibility study is important because it evaluates the viability and potential success of a project.

It provides a detailed marketing plan.

It guarantees project funding.

It eliminates all risks associated with the project.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main components of a feasibility study?

Market analysis, technical feasibility, financial analysis, legal considerations.

Project timeline, stakeholder interviews, risk assessment

Employee satisfaction survey, product design, marketing strategy

Resource allocation, team dynamics, customer feedback

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does a feasibility study help in decision making?

A feasibility study aids decision making by providing a comprehensive analysis of a project's viability, costs, benefits, and risks.

It focuses solely on the project's timeline without considering costs.

It provides a detailed marketing strategy for the project.

It guarantees project success without any risks.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What types of feasibility studies exist?

Technical, Economic, Legal, Operational, Schedule

Marketing, Strategic, Tactical

Cultural, Historical, Psychological

Financial, Environmental, Social

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between technical and economic feasibility?

Technical feasibility focuses on technology and resources, while economic feasibility focuses on financial viability and cost-effectiveness.

Economic feasibility assesses technical skills required.

Technical feasibility evaluates market demand.

Technical feasibility is only about software development.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can market analysis be included in a feasibility study?

Analyze only the historical sales data

Ignore customer feedback and preferences

Include market size, customer demographics, competitor analysis, and market trends in the feasibility study.

Focus solely on financial projections

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