Quick Definition

A feasibility study is an analysis used to determine the viability of a project or investment before significant resources are committed.

Examples

• 1A real estate developer conducting a feasibility study to assess the profitability of building a new shopping center.
• 2A manufacturing company evaluating the feasibility of opening a new plant in a foreign country.
• 3A startup analyzing market demand, cost implications, and potential revenue before launching a new tech product.

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