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Highlight the Purpose of Pre-feasibility Study (Market Research).

Highlight the Purpose of Pre-feasibility Study (Market Research).

Answers

sharon
i) To verify that the investment opportunity is promising enough to make a firm decision.
ii) To confirm that the project is viable from the
a. Marketing
b. Manufacturing and
c. Other points of view
iii) To identify any aspects of the project that is critical or crucial enough to call for in depth
analysis
iv) To acquire comprehensive technical, economic and commercial data for the final investment
decision.
v) To enable an in-depth study of aspects such as
a. Market potential
b. Technical requirements
c. Managerial ability
d. Financial projections and analysis
e. Risks evaluation
f. Business environmental analysis.
vi)To enable sourcing reliable information such as
a. Authorized publications
b. Consultants openings.
Vii)To establish the final outcome of whether or not to proceed with the business.
sharon kalunda answered the question on March 2, 2019 at 08:37

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