What is the primary focus of a feasibility report?

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Prepare for the University of Central Florida GEB4522 Data Driven Decision Making Exam 2. Utilize interactive quizzes, flashcards, and detailed explanations to excel in your test. Enhance your decision-making skills and ace the exam!

The primary focus of a feasibility report is to evaluate the viability of a project or plan. This type of report serves as a critical analysis that assesses whether the proposed project is practical, sustainable, and achievable given various factors such as resources, time constraints, financial considerations, and potential risks. The analysis typically includes a study of the market conditions, regulatory requirements, technical aspects, and funding opportunities, ultimately guiding decision-makers on whether to proceed with the project.

In contrast to other options, creating a comprehensive proposal for funding is more about detailing how funds will be structured and allocated rather than assessing if the project itself is doable. Presenting a marketing strategy focuses specifically on how to promote and sell the project or product rather than whether the core idea is feasible. Determining potential profit margins is an important aspect of a business's financial planning but does not encompass the broader assessment of all factors involved in making a project viable. Thus, evaluating the viability of a project or plan most accurately captures the essence and objective of a feasibility report.