Match Each of the Following Terms with Its Definition

question 113

Multiple Choice

Match each of the following terms with its definition.
-The process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change.

• A)economic feasibility
• B)legal and contractual feasibility
• C)operational feasibility
• D)political feasibility
• E)schedule feasibility
• F)technical feasibility

---

Definitions:

English Auction

A type of auction where the price ascends and participants openly bid against each other, with the highest bid at the close of the auction winning.

Reservation Price

The utmost price a buyer is ready to offer for a good or service.

Expected Revenue

The amount of money a business anticipates receiving from its goods or services over a certain period.

English Auction

A method of sale involving ascending bids, where the item is sold to the highest bidder.