Question Detail

AMS 104 Past Questions AMS 104 1 Objective Question
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Question

What is the major benefit of conducting a feasibility study?
Options
A Generating sales projection
B Identifying potential problems and assessing viability
Correct Answer
C Developing market plan
D Creating a detailed market plan
Correct Answer

Option B is the correct answer.

Detailed Explanation

The primary benefit of a feasibility study is to discover critical risks, identify potential obstacles, and confirm overall project viability before major capital is committed.

Hint

Think about why a project's potential is evaluated before investing.

Question Info

Course: AMS 104
Topic: Past Questions AMS 104 1
Type: Objective
Difficulty: Not specified
Question 14 of 288
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