Of the Measures of Feasibility,_____ Assesses Tangible and Intangible Benefits

question 73

Multiple Choice

Of the measures of feasibility,_____ assesses tangible and intangible benefits to a company in addition to costs.

• A) schedule feasibility
• B) technical feasibility
• C) economic feasibility
• D) operational feasibility

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Definitions:

Revenue

The total amount of income generated by the sale of goods or services related to a company's primary operations.

Factors of Production

The factors of production include land, labor, capital, and entrepreneurship, which are the resources used in the process of producing goods and services.

Real GDP

An evaluation of the economic output's value, after accounting for changes in prices because of inflation or deflation, demonstrating the genuine amount of goods and services produced.

Well-Being

The state of being comfortable, healthy, or happy, often used to describe the quality of life for individuals and societies.