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    Feasibility Study Questions

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    Pat Hadji Ali
    The document discusses the components of a feasibility study for a potential business project. It outlines the key costs that must be determined, including current operating costs and future planned costs. It also provides examples of tangible benefits like reduced expenses and increased sales, and intangible benefits like improved customer goodwill. The document lists reasons for conducting a feasibility study, such as giving focus to the project, identifying opportunities, and enhancing the probability of success. It then identifies and defines different types of feasibility that should be analyzed, including financial, market, cultural, political, environmental, and technical feasibility. It stresses the importance of conducting a thorough feasibility study to help secure funding, attract investment, and inform decision making about whether to proceed with the project.

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    Feasibility Study Questions

    Uploaded by

    Pat Hadji Ali
    223 views1 page
    The document discusses the components of a feasibility study for a potential business project. It outlines the key costs that must be determined, including current operating costs and future planned costs. It also provides examples of tangible benefits like reduced expenses and increased sales, and intangible benefits like improved customer goodwill. The document lists reasons for conducting a feasibility study, such as giving focus to the project, identifying opportunities, and enhancing the probability of success. It then identifies and defines different types of feasibility that should be analyzed, including financial, market, cultural, political, environmental, and technical feasibility. It stresses the importance of conducting a thorough feasibility study to help secure funding, attract investment, and inform decision making about whether to proceed with the project.

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    The document discusses the components of a feasibility study for a potential business project. It outlines the key costs that must be determined, including current operating costs and future planned costs. It also provides examples of tangible benefits like reduced expenses and increased sales, and intangible benefits like improved customer goodwill. The document lists reasons for conducting a feasibility study, such as giving focus to the project, identifying opportunities, and enhancing the probability of success. It then identifies and defines different types of feasibility that should be analyzed, including financial, market, cultural, political, environmental, and technical feasibility. It stresses the importance of conducting a thorough feasibility study to help secure funding, attract investment, and inform decision making about whether to proceed with the project.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    223 views1 page

    Feasibility Study Questions

    Uploaded by

    Pat Hadji Ali
    The document discusses the components of a feasibility study for a potential business project. It outlines the key costs that must be determined, including current operating costs and future planned costs. It also provides examples of tangible benefits like reduced expenses and increased sales, and intangible benefits like improved customer goodwill. The document lists reasons for conducting a feasibility study, such as giving focus to the project, identifying opportunities, and enhancing the probability of success. It then identifies and defines different types of feasibility that should be analyzed, including financial, market, cultural, political, environmental, and technical feasibility. It stresses the importance of conducting a thorough feasibility study to help secure funding, attract investment, and inform decision making about whether to proceed with the project.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
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    Some key takeaways from the passage include determining costs, identifying different types of feasibility like financial, market and cultural feasibility, and conducting sensitivity analysis.

    The main components of a feasibility study include market feasibility, financial feasibility, technical feasibility, economic feasibility, cultural feasibility, social feasibility, environmental feasibility, schedule feasibility and political feasibility.

    Some examples of tangible benefits mentioned are fewer processing errors, increased throughput, decreased response time, elimination of job steps, increase sales and reduced credits losses. Some examples of intangible benefits mentioned are improved customer goodwill, improved employee morale, better service to community and better decision-making.

    FEASIBILITY STUDY

    Enumeration (9pts)
    Costs are significantly more difficult to quantify, at least in a
    timely and inexpensive manner. The minimum costs that must
    be determined are those that specifically are used for
    comparison to the benefits. These include? (2pts)
    -The current operating cost or the cost of operating in
    todays circumstances
    -future period costs that are expected and can be planned
    for
    Give 2 examples each for tangible and intangible benefits.
    (4pts)
    Tangible
    -Fewer processing errors
    -increased throughput
    -decreased response time
    -elimination of job steps
    -increase sales
    -reduced credits losses
    -reduced expenses
    Intangible
    -Improved customer goodwill
    -improved employee morale
    -better service to community
    -better decision-making
    Give at least three reasons why to conduct a feasibility study.
    (3pts)
    1. Gives focus to the project
    2. Narrows business alternatives
    3. Identifies new opportunities through the
    investigative process.
    4. Identifies reasons not to proceed.
    5. Enhances the probability of success by addressing
    and mitigating factors early on that could affect
    the project.
    6. Provides quality information for decision making.
    7. Provides documentation that the business venture
    was thoroughly investigated.
    8. Helps in securing funding from lending
    institutions and other monetary sources.
    9. Helps to attract equity investment
    Identification and True/False (21pts)
    1. Deals with the compatibility of the proposed project with
    the cultural environment of the project. In labor-intensive
    projects, planned functions must be integrated with the
    local cultural practices and beliefs. Cultural Feasibility
    2. Requires an evaluation of the compatibility of project
    goals with the prevailing goals of the political system.
    Political Feasibility
    3. Analysis to view the potential impacts of market demand,
    competitive activities, and market share available. Market
    Feasibility

    4.

    Refers to an analysis of whether the project is capable of


    being implemented and operated safely with minimal
    adverse effects on the environment. Safety Feasibility
    5. Addresses the influences that a proposed project may have
    on the social system in the project environment. Social
    Feasibility
    6. Aspect worthy of real attention in the very early stages of
    a project. Concern must be shown and action must be
    taken to address any and all environmental concerns
    raised or anticipated. This component also addresses the
    ability of the project to timely obtain and at a reasonable
    cost, needed permits, licenses and approvals.
    Environmental Feasibility
    7. The amount of money being transferred in and out of a
    business. Hint: Involves in the Financial Analysis. Cash
    Flow/ Cash Flow Profile
    8. Description of the technical aspects of the business idea.
    Engineering and Design
    9. Technique used to determine how different values of an
    independent variable will impact a particular dependent
    variable under a given set of assumptions. Sensitivity
    Analysis
    10. This is a critical analysis since it determines whether or
    not and when funds will be available to the project.
    Financial Analysis
    11. Provides an assessment of the impact of the proposed
    project. Project Impact
    12. Environmental, Social, Cultural, Economic, and
    ______________ impacts may be some of the factors
    that will determine how a project is perceived by the
    public. Political
    13. A feasibility that involves the capability of the project
    organization to raise the appropriate funds needed to
    implement the proposed project. Financial Feasibility
    14. True or False. Financial Feasibility is the same as
    Economical Feasibility. False
    15. It is a feasibility that measures on how reasonable the
    project timetable is. Schedule Feasibility
    16. This area reviews the structural, civil, and other relevant
    engineering aspects necessitated by the project design.
    Technical Feasibility
    17. To ascertain managerial feasibility, the key elements
    required are demonstrated management capability and
    availability, employee involvement, and ___________.
    Commitment
    18. The process of identifying the financial benefits and
    costs associated with a development project.
    Economical Feasibility
    19. What does the word feasible means? possible to do
    20. True or False. Conducting a feasibility study identifies
    reasons to proceed with the project. - True
    21. True o False. Feasibility study do not attract investment False

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