What Is the Goal of a Feasibility Study

question 91

Multiple Choice

What is the goal of a feasibility study?

• A)To create additional value for customers through great products or services.
• B)To get useful ideas out of creative employees that affect the business's bottom line.
• C)To assess if an idea can be profitably brought to market.
• D)To assess how well a preliminary run of a business works and what problems it might have.

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Definitions:

Tax Cuts

Reductions in the amount of taxes imposed by a government on individuals or entities.

Economic Growth

An increase in the production of goods and services in an economy over a period of time, usually measured by the rise in GDP.

Federal Budget Deficit

A situation where the federal government's expenditures exceed its revenues within a given fiscal year.

Paradox of Thrift

If everyone tries to save more, they will all end up saving less.