Description of Feasibility Analysis
CMAT 2025 · Innovation & Entrepreneurship · Easy · Feasibility Analysis
'Feasibility analysis' is described as follows: (A) It is the process of assessing whether the business idea is viable. (B) It is the preliminary evaluation of a business idea done for the purpose of determining whether the idea is worth pursuing. (C) It is to guess the time span in which the investment made in the project can be recovered. (D) It is to find whether the technology adopted will work correctly. (E) It is to estimate demand and to plan supply accordingly.
Choose the correct answer from the options given below :
- A.
Only (A) is correct statement
- B.
Only (B) is correct statement
- C.
Only (A) and (B) are correct statements
- D.
Only (C), (D) and (A) are correct statements
C
Explanation
(A) and (B) give the fundamental core definition of feasibility analysis. Statements (C), (D), and (E) refer to specific sub-metrics (payback period, technical feasibility, market analysis) rather than the overarching definition.
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