Which of the following is the most important and frequently analyzed aspect of a feasibility study?
A) Economic feasibility
B) Technical feasibility
C) Legal feasibility
D) Operational feasibility

Question

Quizplus · Accepted Answer

Economic feasibility is the most important and frequently analyzed aspect of a feasibility study because it determines the financial viability of a proposed project or business. It includes analyzing the costs, benefits, and potential returns of the project. Technical feasibility looks at whether the project can be accomplished with the available technology, legal feasibility looks at whether the project complies with laws and regulations, and operational feasibility looks at whether the project can be effectively implemented and managed in the organization. While all of these aspects are important, economic feasibility is the most critical for determining whether the project is financially feasible and sustainable.

Which of the Following Is the Most Important and Frequently