--%>
Assignment Help - homework help

Define feasibility study

Feasibility study: In order to take wise investments in a market-place experiencing rising stages of risk, companies are turning to feasibility studies to find out if they must propose new products, services or commence a new business endeavor. The main purpose of feasibility study is to find out if a business opportunity is practical, possible, and viable. Whenever faced with a business opportunity, numerous optimistic people tend to focus just on the positive aspects.

A feasibility study allows a realistic view at both positive and negative aspects of an opportunity. The feasibility study is a significant tool for making the correct decisions. A wrong decision frequently leads to business failure. For illustration, only 50% of start-ups are still in business and after 18 months and only 20% are in business subsequent to 5 years.

Feasibility studies are helpful when beginning a new business or identifying a new opportunity for an existing business. Idyllically, the feasibility study process involves making rational decisions about a number of enduring characteristics of a project comprising.

   Related Questions in Mechanical Engineering

  • Q : What is pneumatic system Pneumatic

    Pneumatic system is a system which employs air to power something. For illustration, have you seen the tube systems at the bank drive-up tellers? Air is employed to push the tubes back and forth from the teller to customer.

    Q : Advantages and disadvantages of using

    Explain advantages and disadvantages of using the LPG in Car?

    		•
  • Q : Benefits of gear drive Benefits of gear

    Benefits of gear drive: In general, gear drive is helpful for power transmission among two shafts, which are close to each other (at most at 1m distance). Additionally, it has maximum efficiency while transmitting power. It is resilient as compare to

    		•
  • Q : Diesel Engine What will happen if the

    What will happen if the gasoline is used within the Diesel Engine, whether the Siesel Engine will work or not?

    		•
  • Q : Decrease in entropy with termperature

    Explain that Entropy decreases along with the increase in its temperature?

    		•
  • Q : Problem on pressure rise of a water tank

    The water level in a tank is about 20 m above the ground. A hose is joined to the bottom of the tank, and the nozzle in the end of the hose is pointed to straight up. The tank is at sea level, and the water surface is open to the environment. In the line leading from

    		•
  • Q : Arena Are you able to assist with these

    Are you able to assist with these two assignments in Arena simulation below? You can use the Basic Process instead of Blocks and Elements. An office of state license bureau has two types of arrivals. Individuals interested in purchasing new plates are characterized to have inter-arrival times dis

    		•
  • Q : Energy in the home-personal energy

    Energy in the home personal energy use and home energy efficiency. Estimate your personal Annual Energy Usage for the following - list all data in kWh (KiloWatt hours):

    		•
  • Q : Problem on motion of the system (a) A

    (a) A plane moving at a constant velocity, V, crashes into a building as shown in figure below. Due to the design against plane crash of that building, neither major damage nor explosion occurs but the building vibrates after the crash. Assuming that the building can

    		•
  • Q : Causes and consequences of dynamic

    Discuss the causes and consequences of dynamic loading on structures based on two real examples. Support your discussion with proper diagrams or sketches. Your discussion shall include the time and location of the event, type and source of dynamic loa

    		•