is it feasible?\ndirections: the purpose of this exercise is for you to think through the steps of a…

is it feasible?\ndirections: the purpose of this exercise is for you to think through the steps of a feasibility study. choose a project your student body might undertake - running a bake sale for charity, opening a veggie bar in the cafeteria, planning and executing the homecoming dance, etc. how will you go about determining whether or not your idea is feasible? answer the questions below. when you have completed the activity, submit your answers to your instructor for review.\n1. what outside help (parents, instructors, etc.) might you need to decide if your project is feasible?\n2. write a brief but specific description of your proposed project.\n3. who is the target market for your intended project? is there enough demand for it? how will you find out?\n4. how will you determine how much the project will cost and whether or not you can afford it?\n5. how will you organize all the people needed to make the project a success?\n6. how will you coordinate the materials and/or technology needed to bring your project to life?\n7. who will you need to present the feasibility study to? how will you do so?

is it feasible?\ndirections: the purpose of this exercise is for you to think through the steps of a feasibility study. choose a project your student body might undertake - running a bake sale for charity, opening a veggie bar in the cafeteria, planning and executing the homecoming dance, etc. how will you go about determining whether or not your idea is feasible? answer the questions below. when you have completed the activity, submit your answers to your instructor for review.\n1. what outside help (parents, instructors, etc.) might you need to decide if your project is feasible?\n2. write a brief but specific description of your proposed project.\n3. who is the target market for your intended project? is there enough demand for it? how will you find out?\n4. how will you determine how much the project will cost and whether or not you can afford it?\n5. how will you organize all the people needed to make the project a success?\n6. how will you coordinate the materials and/or technology needed to bring your project to life?\n7. who will you need to present the feasibility study to? how will you do so?

Answer

Brief Explanations:

  1. Parents can offer financial and logistical advice, instructors can provide guidance on school - rules and academic support.
  2. Let's assume the proposed project is running a bake - sale for charity. It involves baking and selling homemade treats to raise money for a local charity.
  3. The target market is the student body, faculty, and possibly parents. To find out the demand, a survey can be conducted asking about interest in baked goods and willingness to buy.
  4. Cost can be determined by listing all ingredients, supplies, and any rental costs (if applicable). Compare the total cost with the available funds (student body savings, potential donations) to see if it's affordable.
  5. Organize by creating teams for baking, marketing, and sales. Assign clear roles and responsibilities to each team member.
  6. Coordinate materials by making a detailed list, sourcing from local stores or online suppliers. For technology (if needed like an online payment system), research and choose the most suitable option.
  7. Present the feasibility study to school administrators, the student council, and potential sponsors. Use a presentation with visual aids like slides to clearly convey the information.

Answer:

  1. Parents for financial and logistical advice, instructors for guidance on school - rules and academic support.
  2. Running a bake - sale for charity, baking and selling homemade treats to raise money for a local charity.
  3. Target market: student body, faculty, parents. Method to find demand: conduct a survey.
  4. List all costs and compare with available funds.
  5. Create teams for baking, marketing, and sales; assign roles.
  6. Make a list, source materials, research and choose technology.
  7. Present to school administrators, student council, potential sponsors; use a presentation with visual aids.