The purpose of a feasibility study is to determine whether a business idea is worth pursuing.

Name: The purpose of a feasibility study is to determine whether a business idea is worth pursuing.
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Question

Quizplus · Accepted Answer

A feasibility study is conducted to assess the viability of a business idea by examining its potential for success, profitability, and sustainability, among other factors. Its primary purpose is to determine whether the idea is worth pursuing or not.

The Purpose of a Feasibility Study Is to Determine Whether