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Fantom [35]
3 years ago
12

What is the most important element of a feasibility study?

Business
1 answer:
Ann [662]3 years ago
7 0
There are 5 elements of the feasibility study:
1) Description - of items or services offered, delivered, overview
2) Market feasibility - is there a market? is the market worth entering?
3) Technial feasibility - how service will be delivered 
4) Financial feasibility - funding needed for product or service to launch, what will they make from the product or service
5) Organizational feasibility - legal aspect of the business 

In this case, market feasibility is the most important element because if there isn't a desire or market for the product or service, there is no reason to enter that market. If a market is not being entered, funding, legal aspects and knowing how to advertise/deliver the product is not necessary. 

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The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents
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<span>The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping. </span>
3 0
3 years ago
In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making,
emmainna [20.7K]

Answer: B. mental processes

Explanation: In the context of the six sections of the Position Analysis Questionnaire (PAQ), _____ represent the reasoning, decision-making, planning, and information-processing activities involved in performing a job.

A. job contexts

B. mental processes

C. special codes

D. information inputs

The Position Analysis Questionnaire (PAQ) is relatively complex, and requires that an employee must have the reading level of a college graduate to be able to complete it and evaluates job skill level and basic characteristics of applicants for a set match of employment opportunity. It measures the characteristics of a job and relates them to human characteristics, such as information input, mental processes, work output, relationships with others, job context, and so on.

Mental processes in the context of the six sections of the Position Analysis Questionnaire (PAQ) represents the reasoning, decision-making, planning, and information-processing activities involved in performing a job.

7 0
3 years ago
Why does the growth of international trade lead to a rising global standard of
alina1380 [7]

Answer:

B. International trade enables specialization, which brings increased efficiency and greater competition.

Explanation:

7 0
3 years ago
To compute your tax liability, turn to the tax tables and look up the amount called
galben [10]
The answer is taxable income. It alludes to the base whereupon a pay assess framework forces an expense. By and large, it incorporates a few or all things of salary and is lessened by costs and different derivations. The sums included as wage, costs, and different conclusions fluctuate by nation or framework.
5 0
3 years ago
Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.
malfutka [58]
If you need to indicate the missing ammount of each letter in the grahp then it will be like follows:
 For the first case:
A = $9,600 + $5,000 + $8,000 = $22,600$22,600 + $1,000 – B = $17,000
B = $22,600 + $1,000 – $17,000 = $6,600$17,000 + C = $20,000
C = $20,000 – $17,000 = $3,000
D = $20,000 – $3,400 = $16,600
<span>E = ($24,500 – $2,500) – $16,600 = $5,400
</span><span>F = $5,400 – $2,500 = $2,900
</span>And now for the second case:
G + $8,000 + $4,000 = $16,000
G = $16,000 – $8,000 – $4,000 = $4,000$16,000 + H – $3,000 = $22,000
H = $22,000 + $3,000 – $16,000 = $9,000(I – $1,400) – K = $7,000(I – $1,400) – $22,800 = $7,000
<span>I = $1,400 + $22,800 + $7,000 = $31,200
</span>J = $22,000 + $3,300 = $25,300
K = $25,300 – $2,500 = $22,800$7,000 – L = $5,000
<span>L = $2,000</span>
8 0
3 years ago
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