--%>
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 : Mode Superposition Method Define Mode

    Define Mode Superposition Method in brief?

    		•
  • Q : P11 and P12 Pipes Explain difference

    Explain difference between the P11 and P12 Pipes?

    		•
  • Q : Difference between projectile motion

    Difference between projectile motion and rocket motion:A projectile has no motor or rocket on it, therefore all of its momentum is provided to it as it is launched. An illustration of a projectile would be pen which you throw across a room.

    		•
  • Q : Problem on discharge head loss Water is

    Water is draining from the tank A to tank B. The elevation difference among the two tanks is 10 m. The pipe joining the two tanks has a sudden-expansion section as shown below. The cross-sectional area of the pipe from A is 8 cm2, and the area of the pipe f

    		•
  • Q : Technology and Engineering Explain

    Explain difference between the Technology and Engineering?

    		•
  • Q : Calculate the surface area available

    You are working in a company that has developed a process to produce DNA vaccines from E.coli. After the fermentation step a lysis step is used to release the DNA from the cells resulting in a sticky mixture. You find that an aggressive cleaning solution heated to 80°C is required to

    		•
  • Q : Welding rod 7018 State abbreviation of

    State abbreviation of the welding rod 7018?

    		•
  • Q : Cavitation elimination by Pump How

    How Cavitation is eliminated by the Pump?

    		•
  • Q : Synchronous generator & Generating units

    Question 1: Three generating units operating in parallel at 60 Hz have rating of 300, 500, and 600    MW and have speed-droop characteristics of 5, 4, and 3%, respectively. Due to a change in load, a

    		•
  • Q : Excitation of Modes in Fiber A

    A multimode fiber is used to couple light into a single mode fiber. Both fibers have the same total diameter. Explain the coupling. Use equations, MATLAB, etc. if necessary. If an LED is used to excite a single mode fiber, explain the coupling of light to the fiber? U

    		•