Title | Major Assumptions in Feasibility Studies |
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Author | Mary Elizabeth Ocol |
Course | Financing Sport |
Institution | Allen University |
Pages | 1 |
File Size | 30.8 KB |
File Type | |
Total Downloads | 78 |
Total Views | 122 |
Just a Summary of the Topic...
MAJOR ASSUMPTIONS, SUMMARY AND CONCLUSIONS MARKET FEASIBILITY T h e r e i s a r e a s o n a b l e t a r g e t m a r k e t s ha r e p r o j e c t e d t o b e p r o v i d e d b y t h e s c h o o l . T h e p r i c e s o ff e r e d a r e a t p a r w i t h t h e prevailing prices of indirect compe titors thus creating a chance topenetrate the market more. Advertisements to be conducted will behelping the school to be known thus creating a larger market in the future. TECHNICAL FEASIBILITY The te chnology ne e ded t o produce t he s e rvice is r e a d i l y a va ila bl e t hr ou gh t he in p ut of t he m an pow e r t o be h ir e d an d t he equipment and other facilities. FINANCIAL FEASIBILITY I t i s pa r t of t he s t u d y w h e r e i n t h e r e s u lt s of t he marke ting,t e c h n i c a l a n d m a n a g e m e n t a re b e i n g m e a s u re d . I t i s l i k e w i s e expressed in peso terms the possibility of profitability of the project.The financial aspect of the project shall cover all receipts ande xp e ns e s . I t s ha ll e n ta i l c as h m a n ag e m e n t; s o un d fi na nc i ng an d investment measures, treasurership as well as controllership. SOCIO-ECONOMIC FEASIBILITY From the commencement of the project, there is a necessity of requiring resources from the community. From the materials to human resources, the project helps the community to progress. The company will offer opportunities for the people and also pay the corresponding f e e s a n d / o r t a xe s t o t h e g o v e r n m e n t r e s u l t i n g i n i n c r e a s i n g t h e revenue of the government. These generated revenues will be used in constructing government projects for the benefits of the public. Hence, it promotes equal dispersal of wealth and welfare. ORGANIZATION AND MANAGEMENT FEASIBILITY F or a n e ff e c t i v e o pe r a t i o n, m a n a g e m e n t s t r u c t u r e m us t b e ca r e f ul l y c ho se n . Th e s t ud y h e l ps t o as s is t in s e l e c t in g bu s in e s s structure, setting up of personnel and internal policies. The businesswill keep and set up a good management that will be responsible andcan be held accountable for proper policies to guide the business forthe realization of corporate goals and objectives....