Question 1

Feasibility studies require the application of many finance tools.

Accepted Answer

Feasibility studies involve various aspects such as market analysis, financial analysis, and risk assessment. As a result, finance tools such as cost-benefit analysis, net present value, internal rate of return, and sensitivity analysis are used to evaluate the financial viability of the proposed project.

Question 2

Sport facilities compete against one another for corporate dollars.

Accepted Answer

Sport facilities often rely on corporate sponsorships and partnerships for funding, and therefore they must compete against each other to attract these corporate dollars.

Quiz 11: Feasibility Studies

Feasibility studies require the application of many finance tools.

Sport facilities compete against one another for corporate dollars.