In Conducting a Feasibility Study, Operational Feasibility Refers to Whether

question 15

Multiple Choice

In conducting a feasibility study, operational feasibility refers to whether:

• A)A proposed system is attainable given the existing technology
• B)A manager can coordinate and control the activities of the systems department
• C)An adequate computer site exists for the proposed system
• D)The proposed system will produce economic benefits that exceed its costs
• E)The system can be used effectively within the operating environment of an organization

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Definitions:

Classicals

Economic theorists and policy makers from the 18th and 19th centuries who focused on free markets, competition, and the ideas of self-regulating economies.

Keynes

An economist who revolutionized economic thinking with theories on government spending's effects on economic cycles.

Depression

A prolonged and severe downturn in economic activity, characterized by significant unemployment, declining output, and deflation.

Interest Rate

The component of a loan levied as interest to the borrower, usually characterized as an annual percentage of the outstanding loan value.