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The Purpose of a Feasibility Study Is to Determine Whether

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


Definitions:

Partial Reinforcement

A conditioning strategy where a behavior is reinforced only some of the time, often making the learned behavior more resistant to extinction.

Unconditioned Response

A natural, unlearned reaction to an unconditioned stimulus, such as salivation when food is presented, inherent in classical conditioning.

Unconditioned Stimulus

A stimulus that naturally and automatically triggers a response without needing prior learning.

Spontaneous Recovery

The return of a conditioned response that had vanished, following a pause where the conditioned stimulus was not presented.

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