'Feasibility analysis' is described as follows:

(A) It is the process of assessing whether the business idea is viable.
(B) It is the preliminary evaluation of a business idea done for the purpose of determining whether the idea is worth pursuing.
(C) It is to guess the time span in which the investment made in the project can be recovered.
(D) It is to find whether the technology adopted will work correctly.
(E) It is to estimate demand and to plan supply accordingly.

Choose the correct answer from the options given below :

Feasibility analysis involves assessing a business idea in detail to determine whether or not it is viable. It consists of studying costs and activities required to set up and run a business, and how to make an informed decision about whether to start a business (based on its viability) and how to do it (based on both viability conditions and costs).

Statements (A) and (B) follow the idea of feasibility as discussed above and are both correct. Statement (C) mentions time span, which is irrelevant. Statement (D) talks about performance and is also unrelated to feasibility. Sentence (E) discusses strategy and is also irrelevant.

The correct answer, therefore, is option C.