Based on this discussion of topic like chnical, economic, legal, operational and schedule feasibility, perform an elaborate cost-benefit analysis on the economic feasibility.
Based on this discussion of topic like chnical, economic, legal, operational and schedule feasibility, perform an elaborate cost-benefit analysis on the economic feasibility.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Based on this discussion of topic like chnical, economic, legal, operational and schedule feasibility, perform an elaborate cost-benefit analysis on the economic feasibility.
Expert Solution
Step 1
A feasibility study is conducted to decide a Project or Business is viable or not. It is conducted by the managerial persons of an organization, or the work was given to an outside agency. It helps to discover opportunities for improving our plans to enhance marketability, reduce costs, and manage legal issues.
The feasibility report helps to decide whether to invest in the project or not.
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