COMPUTER SCIENCE AND ENGINEERING
DATA STRUCTURES
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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All of the above
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None of the above
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Detailed explanation-1: -Several factors need to be considered when conducting a feasibility study, including the marketability of your product or service, the competition, the financial stability of your company, and more. A feasibility study should cover the amount of technology, resources required, and ROI.
Detailed explanation-2: -Contents of a Feasibility Report Technology Considerations. Product/ Service Marketplace. Identification of the Specific Market. Marketing Strategy.
Detailed explanation-3: -Resource Feasibility: This aspect looks at the resources that are required to complete the project and whether the amount of available resources are sufficient to complete the project effectively.
Detailed explanation-4: -There are different types of studies to check feasibility, such as technical feasibility, market feasibility, organization feasibility, and financial feasibility, that help a company determine the viability of a business plan.