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Feasibility
The practicality or likelihood of a strategy or option being successful.
Implications
The practicality and likelihood of successfully implementing a project, plan, or solution, often assessed in terms of technical, financial, operational, and legal aspects to determine whether an idea is viable.
Example
Example: A company conducts a feasibility study to determine whether it can successfully expand its operations to a new country, considering factors like market demand, regulatory requirements, and financial investment.
Related Terms
Different from desirability, which assesses how appealing or attractive an option is, feasibility focuses on whether it is practically achievable given the constraints and resources available.
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