In which of the following situations is it prudent to conduct a feasibility study?
A) When asked to appraise the performance of a non-performing employee
B) When asked to create an inventory report for the previous quarter
C) When asked to present the sales reports of previous years
D) When asked to determine the cause of failure of a newly launched product
E) When asked to determine if the company should replace its five-day, 40-hour work week with a different schedule

Question

Quizplus · Accepted Answer

A feasibility study is typically conducted when considering a significant change or new venture, such as replacing the current work schedule with a different one. It involves analyzing the potential costs, benefits, and risks of the proposed change to determine if it is feasible and worthwhile to pursue. The other choices do not involve the level of analysis and decision-making required for a feasibility study.

In Which of the Following Situations Is It Prudent to Conduct