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    Question

    Which of the following are the likely reasons to examine

    several alternative solutions during feasibility analysis? A.  it is always good to examine alternatives B.  a comparison of alternatives will lead to a cost-effective solution C.  a pre-conceived single solution may turn out to be unimplementable D.  management normally looks at alternatives
    A A and C Correct Answer Incorrect Answer
    B A and D Correct Answer Incorrect Answer
    C A and B Correct Answer Incorrect Answer
    D B and D Correct Answer Incorrect Answer
    E B and C Correct Answer Incorrect Answer

    Solution

    A feasibility analysis is a study that assesses the viability of a project or business idea. It helps determine if a project is practical and worth pursuing. It evaluates a project's practicality such as ensuring a project is legally, technically feasible, and economically justifiable. Examining alternatives is an exploratory phase of a feasibility study that involves looking at different ways to achieve the study's objectives. It helps to reduce costs by narrowing down the options, identifying a valid reason to undertake the project, enhances the success rate by evaluating multiple parameters

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