Types of Feasibility Study | Class 11 | Entrepreneurial Journey | Entrepreneurship | CBSE | NCERT

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86.3 هزار بار بازدید - 7 سال پیش - Explain various types of feasibility
Explain various types of feasibility study.

There’re four types of feasibility study, described below.

   - Technical: Technical feasibility is study of available technical resources at disposal and how we can make use of these resources to introduce a product or service
       The following are the various resources that are examined under technical feasibility.
       - Technology (both software and hardware)
       - Manpower
       - Transportation
       - Location etc

   - Financial: This includes the assessment of
       - Initial investment
       - Various sources to procure the capital
       - ROI (return on investment)

   - Market: This includes assessment of
       - The type of industry being setup
       - Prevailing market
       - Future market growth/prospects
       - Competitors
       - Potential Customers
       - Projection of sales

   - Organizational: The organizational feasibility focuses on whether the business is capable of meeting its goals or objectives or not. This includes the study of
       - how the business is structured
       - legal structure of the business
       - the management team’s competency, professional skills and experience

Additional content on this topic can be found at http://www.eduxir.com/curriculum/cbse...

Class 11 Entrepreneurship Books: https://amzn.to/3Czuakc

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7 سال پیش در تاریخ 1396/09/15 منتشر شده است.
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