ENTREPRENEURSHIP

Detailed explanation-1: -A feasibility study is a comprehensive evaluation of a proposed project that evaluates all factors critical to its success in order to assess its likelihood of success.

Detailed explanation-2: -A feasibility study is an assessment of the practicality of a proposed plan or project. A feasibility study analyzes the viability of a project to determine whether the project or venture is likely to succeed.

Detailed explanation-3: -Economic Feasibility Study Also called financial feasibility study, this type of study allows you to determine whether a project is financially feasible.

Detailed explanation-4: -Feasibility analysis evaluates all key factors pertinent to a project, including the economic, technological, and legal aspects and project time frame-all of which help predict the likelihood of project success.

Detailed explanation-5: -Profitability implies that the present value of the return flows over the life of the investment is greater than the present value of the cost flows over the life of the investment, where present value is the discounted (current) value of the flows.