Feasibility
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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.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
