The US, UK and Australian markets are served by a market leader in strategic employee recognition solutions, and this company was eager to expand into Europe..
To identify the preferred places for launching software solutions, the client hired PHG to conduct a Research and Feasibility Review of European regions.
Business Conditions
Our suggestions based on our analysis of the business environment's results
Outcome
The review's output was a formal report that described a review of the potential nations in the regions.
Competitor Analysis
We conducted a competition study of the key competitors the client listed at the conclusion of the report.
Review Features
The work's scope included a thorough analysis of the ensuing market circumstances.
Situation of Economies
Trends in GDP growth, business ease, etc.
Occupational trends
Rates of unemployment, ageing populations, etc.
Corporate culture
Workplace attitudes, flexibility with change, management methods, etc.
Service Benefits
- What is a feasibility review's primary goal?
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A feasibility study is intended to assist decision-makers in determining the likelihood of success for a proposed investment or initiative. It lists both the known expenses and the anticipated advantages.
- How Is a Feasibility review Conducted?
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An initial analysis is the first step of a feasibility assessment. A corporate strategy is created by conducting market research and interviewing stakeholders. To determine whether anything is initially a "go" or a "no-go," all of this data is analyzed. If it's approved, the actual research can start.
- Is a feasibility review necessary?
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It is not necessary, but it is valid and helps in future planning, if conducted. So, it is advised by professionals to conduct a feasibility study to learn more about the business.
