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Understanding Concepts, Importance, Prevalence, and Impact of Feasibility Study Analysis on SME’s in Nigeria

This study examines the concepts, importance, prevalence, and impact of Feasibility Study Analysis (FSA) on Small and Medium Enterprises (SMEs) in Nigeria. FSA is a crucial tool for businesses to evaluate the viability of a project or investment, yet its adoption among Nigerian SMEs remains unclear. Using a mixed-methods approach, this research investigates the relationship between FSA and SME performance in Nigeria. The study employs Granger causality tests, unit root tests, cointegration tests, and Autoregressive Distributed Lag (ARDL) models to analyze data from 32 SMEs in Nigeria. The resu…

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    SHA-256 b75038a27c415812664c198d1906042cf152f19bd86c0f0d2d6de5a4766338fb
    from https://iiardjournals.org/get/WJEDS/VOL. 10 NO. 8 2025/Understanding Concepts, Importance 95-126.pdf