EXERCISE 13.1

1. An important element in carrying out a feasibility study is determining the criteria by which to judge each option. For each of the following topics, list five necessary criteria and five desirable criteria you might apply in assessing the options.

  1. buying a smartphone

  2. selecting a major

  3. choosing a company to work for

  4. buying a car

  5. choosing a place to live while you attend college