The document discusses the importance of feasibility reports in technical communication and outlines their typical structure and components. It also explains the different types of feasibility that should be considered when conducting a feasibility study, such as technical, economic, legal, operational, and schedule feasibility. Finally, it provides an example of a business situation where a feasibility study would be necessary, such as for a real estate development project, and notes that jurisdictions often require feasibility studies be completed before approving permits for various development projects.