MANAGEMENT

Detailed explanation-1: -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-2: -A feasibility study involves the gathering and analysing of information to find out if the business idea is good or not. The study will help you determine if the proposed business idea is something that you can implement based on resources you can access and whether you can be competitive in the market.

Detailed explanation-3: -A feasibility study is simply an assessment of the practicality of a proposed project plan or method. This is done by analyzing technical, economic, legal, operational and time feasibility factors.

Detailed explanation-4: -The 5 types of feasibility study are Scheduling Feasibility, Operational Feasibility, Legal Feasibility, Economic Feasibility, and Technical Feasibility.

Detailed explanation-5: -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.