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International Journal of Academic Research in Accounting, Finance and Management Sciences Vol. 5, No.2, April 2015, pp. 5965 ISSN: 22258329, ISSN: 23080337 2015 HR MARS www.hrmars.comA Feasibility
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Conduct thorough research and analysis to assess the technical, economic, and operational aspects of the project.
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Evaluate the market potential and demand for the proposed product or service.
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Analyze the financial feasibility by estimating costs, revenues, and potential profitability.
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A feasibility study is an analysis and evaluation of a proposed project or system to determine if it is technically and financially feasible.
Anyone proposing a new project or system may be required to file a feasibility study.
A feasibility study is typically filled out by conducting research, analyzing data, and making recommendations based on the findings.
The purpose of a feasibility study is to assess the viability and potential success of a project before investment of resources.
A feasibility study must include details on the project scope, cost estimates, risk analysis, and financial projections.
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