A feasibility study is a study undertaken by a company to assess whether a particular activity is feasible. Essentially, these investigations attempt to establish whether a suggested action is economically or operationally sound. Organizations also utilize feasibility studies to understand better the risks associated with a specific activity and plan for those risks as the …
/GettyImages-498565083-4c44cbe6f25a4e6d8cf8629fbac4fa7c.jpg "Feasibility Study Definition: How Does It Work?")