When Determining Economic Feasibility, a Systems Analyst Must Consider a Project's

question 2

Short Answer

When determining economic feasibility, a systems analyst must consider a project's benefits compared to the project's _________, which includes ongoing support and maintenance costs as well as acquisition costs.

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Definitions:

Sales Offers

Promotional deals or discounts provided to consumers to encourage the purchase of products or services.

Marketing Concept

A business philosophy suggesting that the satisfaction of customer needs and wants is the primary focus of the business.

Firm's Long-Term Success

The sustained achievement of strategic goals and objectives that enables a business to grow, compete effectively, and maintain financial health over an extended period.

Customer Needs

The desires, requirements, or necessities that customers express, which can influence their purchasing decisions.