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.

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

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