Feasibility Analysis Examines Several Questions, Including "_____

question 76

Multiple Choice

Feasibility analysis examines several questions, including "_____?"

• A) Can it be built (technical feasibility)
• B) Do we have the right people to build it (organizational feasibility)
• C) If we build it, can our computers handle the load (operational feasibility)
• D) Can we get afford it (economic feasibility)
• E) all of the above

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Definitions:

Industrial Revolution

A period of major industrialization that took place during the late 1700s and early 1800s, leading to significant changes in agriculture, manufacturing, mining, transportation, and technology, which had a profound effect on the socioeconomic and cultural conditions of the times.

Private Enterprise System

A system where private individuals or groups own and operate businesses with minimal government intervention, emphasizing profit and free market principles.

Invisible Hand

A term introduced by Adam Smith to describe the self-regulating nature of the marketplace that guides individuals to unintentionally benefit society through their personal gain.

Global Aviation

The sector that encompasses all aspects of airline operations, airport management, and regulations governing international air travel, connecting the world through flight.