MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS PLANNING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
.... tells us whether a project is worth the investment. (Unit 33-KLO 2-3a)
A
Strategic planning
B
Operational planning
C
Marketing planning
D
Feasibility studies
Explanation: 

Detailed explanation-1: -A feasibility study contains a detailed analysis of what’s needed to complete the proposed project. The report may include a description of the new product or venture, a market analysis, the technology and labor needed, as well as the sources of financing and capital.

Detailed explanation-2: -Contents of a Feasibility Study Description of Product or Service. Technology Considerations. Product or Service Marketplace. Identification of Specific Market.

Detailed explanation-3: -A feasibility study-sometimes called a feasibility analysis or feasibility report-is a way to evaluate whether or not a project plan could be successful. A feasibility study evaluates the practicality of your project plan in order to judge whether or not you’re able to move forward with the project.

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