Business Studies, asked by joshuaaspa00, 7 months ago

can the planning for a food service facility proceed before a feasibility is complete ?

Answers

Answered by priyaag2102
6

No, the planning for a food service facility cannot proceed before feasibility is complete.

Explanation:

  • A Business Feasibility Analysis can be expressed as a controlled process for recognizing problems and opportunities, fixing objectives, explaining situations, outlining successful outcomes, and evaluating the range of costs and profits associated with numerous alternatives.

  • A feasibility study is also a way to determines whether the project is probable to succeed in the first place.  

  • It is characteristically conducted before any steps are taken to progress forward with a project, including planning.  

  • Planning is done only after feasibility has been checked, there is no benefit in planning a project prior to knowing whether it would be a success.

  • Feasability is one of the most important factors in determining if the project can move ahead.
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