"The promoters undertake detailed feasibility studies to investigate all aspects of the proposed business?

cbse
formsofbusiness

#1

"The promoters undertake detailed feasibility studies to investigate all aspects of the proposed business ? Explain briefly the required feasibility studies.


#2

Depending upon the nature of the project a promoter may undertake the following feasibility studies:
(a) Technical Feasibility : Is related to assess the technical viability execution of idea on the basis of availability of raw material, technology, etc.
(b) Financial Feasibility : This aspect is related to the possibility of availability of estimated funds for identified business opportunity.
© Economic Feasibility : This aspect is related to
know the chances of profitability of the proposed bussiness project.