The Process of Assessing the Degree to Which a Proposed

question 44

Multiple Choice

The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities is called assessing the project's:

• A)problem- solving ability.
• B)business opportunity.
• C)operational feasibility.
• D)business feasibility.

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Definitions:

Free Trade Policy

An approach by governments to increase economic prosperity by allowing goods and services to be traded across borders with minimal restrictions or tariffs.

Foreign Investment

Investment in business ventures or assets in a country by individuals or businesses from another country.

United Nations

A global organization established in 1945 to promote peace, security, and cooperation among countries worldwide.

Successful Globalization

Successful globalization refers to the process whereby businesses expand beyond their domestic borders to integrate into international markets, fostering global economic integration and growth.