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What are the advantages and disadvantages of a feasibility?
One of the advantages of feasibility is determining a real demand for a product and service as well as specifying market strategies. A disadvantage is small sampling of survey subjects and difficulty staying connected with survey participants.
Can a product be a service?
NO! A product is different from service. An example of product is Milk, Mobile phone, TV, Car, etc. An example of service is insurance, medical care (but medicine is product), etc. The government marks use for service is SM, which stands for service mark, while for product it is TM, which stands for Trademark.
Explain all the inter-related types of feasibility studies?
What are the Types of Feasibility StudiesThere are many different types of feasibility studies; here is a list of some of the most common:Technical Feasibility - does the company have the technological resources to undertake the project? Are the processes and procedures conducive to project success?Schedule Feasibility - does the company currently have the time resources to undertake the project? Is the project completable in the available time?Economic Feasibility - given the financial resources of the company, is the project something that can be completed? The economic feasibility study is more commonly called the cost/benefit analysis.Cultural Feasibility - what will the impact on both local and general cultures be? What sort of environmental implications does the feasibility study have?Legal/Ethical Feasibility - what are the legal implications of the project? What sort of ethical considerations are there? You need to make sure that any project undertaken will meet all legal and ethical requirements before the project is on the table.Resource Feasibility - do you have enough resources, what resources will be required, what facilities will be required for the project, etc.Operational Feasibility - this measures how well your company will be able to solve problems and take advantage of opportunities that are presented during the course of the projectMarketing Feasibility - will anyone want the product once its done? What is the target demographic? Should there be a test run? Is there enough buzz that can be created for the product?Real Estate Feasibility - what kind of land or property will be required to undertake the project? What is the market like? What are the zoning laws? How will the business impact the area?Comprehensive Feasibility - this takes a look at the various aspects involved in the project - marketing, real estate, cultural, economic, etc. When undertaking a new business venture, this is the most common type of feasibility study performed.Arun Agrawal9456261654
How do you make a Feasibility Study?
A Feasibility Study is part of a business plan and is used in business to basically show how feasible it will be to create the product which is being outlined - it is also used as a marketing tool to show investers how likely the product will withstand itself in the market space and what market share it can command. The study in and of itself is used mainly to analyze market share, market space, and mitigate risk when creating a product or service in business. To create one you need to research in detail the product and how it relates to those areas with risk mitigation as the main focus. A basic outline: what is being offered and why, who will use it and why, who else offers the same or similar, how will it be marketed and where, what is the cost involved.
How can you get evaluation of an energy system idea in terms of engineering feasibility and economic feasibility?
You need a fairly complex system to be evaluated on an energy system in terms of economic feasibility and engineering feasibility.
Example of feasibility study of a product?
yes.give details can you give me a sample of feasibility study in product business for coconut candy?
Feasibility study OF a NEW supermarket?
feasibility study for bakeshop and food service operation
What are the advantages and disadvantages of a feasibility?
One of the advantages of feasibility is determining a real demand for a product and service as well as specifying market strategies. A disadvantage is small sampling of survey subjects and difficulty staying connected with survey participants.
What is Marketing feasibility?
An analysis of how a product will sell.
What is a Feasibility Plan?
A feasibility plan helps you determine if a venture will be profitable. The plan asks the questions, "will anyone buy the product or service?" and "Can it make a profit?" If your venture is a high tech one, asking if it will work as designed is a third question you will need to answer.
What is market feasibility analysis?
An analysis of how a product will sell.
Sample feasibility title product?
tahong burger
Describe specific marketing analytical techniques that may be used to analyze a product or a service?
well the analytical technique used to analyze a product is mainly the product being analyzed itself, so when someone asks you next time just say, i told you so!
Why you need feasibility?
Kind of vague question here...It is a bit like asking, why do you need a market before selling something?It is a kind of logical thing.I don't actually know what you are talking about, product, service or... but feasibility for me sounds just like reassuring yourself about the future of your project.Is it going to work, is there a market?Be more precise please...
What is product and service in a business?
product and service in your life cycle
What are the 5 aspects of feasibility study?
technical feasibility financial feasibility delivery wise feasibility these three i know
Components of feasibility study?
The feasibility study has 2 components:1. Feasibility Study Request2. Feasibility Study Report
