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Topic 7 Business Feasibility Study

Total questions: 15

Worksheet time: 11mins

Name
Class
Date
1.

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

a)

Provide quality information for decision making

b)

Establish market trends

c)

Give focus to the project and outline alternatives

d)

Specify business alternatives

2.

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

a)

Financial Feasibility Study

b)

Demographic Feasibility Study

c)

Physical Feasibility Study

d)

Resources Feasibility Study

3.

Which of the following is not true about Target Market?

a)

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

b)

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

c)

Involve determining who are the customers the business wishes to serve

d)

Participate as representative in Feasibility Study

4.

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

a)

Demand

b)

Location

c)

Security

d)

Instruction

5.

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

a)

Withstand the risks it will encounter

b)

Generate adequate cash flow and profits

c)

Remain viable in short period

d)

Meet the goals of the founders

6.

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

a)

A) Feasibility analysis

b)

B) Opportunity recognition

c)

C) Viability analysis

d)

D) Achievability analysis

e)

E) Scenario analysis

7.

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

a)

A) Organizational

b)

B) Institutional

c)

C) Product/service

d)

D) Financial

e)

E) Industry/market

8.
The proper time to conduct a feasibility analysis.
a)
Early in thinking
b)
Late in thinking
c)
Who cares!
d)
Hey, it might snow!
9.

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

a)

business plan

b)

financial analysis

c)

feasibility analysis

d)

industry

10.
Which of the following can be the cause of project failure
a)
Poor project specification
b)
Appropriate staff employed
c)
Project End Report
d)
Risk Owner
11.

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

a)

Feasibility Analysis

b)

Business Plan

c)

Howard Plan

d)

None of the Above

12.

The financial plan presents ______ for the future of the company.

a)

forecasts

b)

finances

c)

trends

d)

studies

13.

Questions related to industry, customers, product & service requirements, founding team, competition, start up resource needs and the value chain fall under the:

a)

Feasibility Analysis

b)

Business Model

c)

Business Concept

d)

Target Market

14.

All the things needed for an event to work are ___.

a)

resources

b)

role

c)

organization

d)

goal

15.
"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?
a)
Schedule feasibility
b)
Technical feasibility
c)
Economic feasibility
d)
Operational feasibility