Economic Feasibility Is Determined by Identifying Costs and Benefits Associated

question 175

True/False

Economic feasibility is determined by identifying costs and benefits associated with the system, assigning values to them, and then calculating the cash flow and return on investment for the project.

---

Definitions:

Social Pressure

The influence that is exerted by society or a social group on individuals to conform to expected norms and behaviors.

Problem-solving Process

A systematic sequence of actions aimed at finding a solution to a particular issue.

Meeting

A gathering of two or more people that is convened for the purpose of achieving a common goal through verbal interaction, such as sharing information or reaching agreement.

Agenda Items

The topics or issues that are listed to be discussed, decided upon, or acted upon in a meeting or gathering.