What Is a Feasibility Study

question 16

Multiple Choice

What is a feasibility study?

• A) Determines if the proposed solution is feasible and achievable from a financial, technical, and organizational standpoint
• B) Determines the amount and types of resources required to complete the project and determine if the organization has these resources available
• C) Determine the number of individuals, amount of time, and technical difficulty of the project
• D) A factor that is critical to an organization's success

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Definitions:

Terminal Values

Fundamental beliefs or ideals that a person or organization considers to be of the utmost importance and that guide behavior and decision-making.

Example

A representative case or instance that illustrates a principle or concept.

Whistle-blowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization by an insider.

Social Responsibility Continuum

A range that depicts the varying degrees to which businesses may engage in acts intended to benefit society, from minimal to extensive involvement.