Feasibility
Feasibility is an assessment against the standard of feasibility that states that there must be a reasonably high probability of successful rehabilitation and profitable future operations.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Feasibility. The standard of feasibility states that there must be a reasonably high probability of successful rehabilitation and profitable future operations.
According to the Corporate Strategy by Lynch (4th edition),
- Feasibility. Strategy evaluation criterion associated with the strategy being capable of being implemented.
According to the Strategic Management by David and David (15th edition),
- Feasibility. A way to evaluate strategies, i.e. to determine if a strategy is capable of being carried out within the physical, human, and financial resources of the firm.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
