Assertion (A): Feasibility analysis is a crucial step in evaluating the viability and potential success of a business idea or project.

Reason (R): Feasibility analysis helps assess the practicality, market potential, financial viability, and resource requirements of a business idea before committing significant resources.

Choose the correct answer from the options given below:

1
Both A and R are true, and R is the correct explanation of A.
2
Both A and R are true, but R is not the correct explanation of A.
3
A is true, but R is false.
4
A is false, but R is true.

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