What is a feasibility study? Explain
What will be an ideal response?
A feasibility study is an important part of the planning process that examines whether an initiative is viable from technical, financial, and legal standpoints. It may not be technically feasible if the technologies either don't exist yet or are not mature enough to support the project's goals. Financially, the return on investment may be promising, but the organization may not have sufficient capital to fund it. A legal review may uncover grave risks that could expose the company to lawsuits.
You might also like to view...
A trademark represents distinctive identifications of products or services
Indicate whether the statement is true or false
An indorsement stating "Pay Paula Hobson only":
A) is designed to restrict the rights of the indorser. B) is given the same effect as an unrestrictive indorsement. C) will, under the Code, be effective to prohibit further transfer beyond Paula Hobson. D) is labeled a "qualified indorsement," and it destroys negotiability.
Members of research and development teams are required to come up with new and improved products. In order to do so, team members need to constantly share information with each other and ensure their activities are closely coordinated. This observation reflects the existence of ________ within a research and development team.
A. total task independence B. pooled task interdependence C. no task dependence D. sequential task interdependence E. reciprocal task interdependence
Commercialism versus Professionalism raises issues about:
A. Low-ball bidding for audit services B. Opinion shopping C. Pressures to compromise ethical values that exist in alternative practice structures D. The future of the accounting profession