To Determine If the Proposed Information System Is Justified Economically

question 72

Multiple Choice

To determine if the proposed information system is justified economically, organizations must assess the

• A) technical feasibility.
• B) acceptance feasibility.
• C) schedule feasibility.
• D) cost feasibility.
• E) organizational feasibility.

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Definitions:

Joint Ventures

A business agreement between two or more parties to develop a new entity and new assets by contributing equity.

Common Laws

Laws that have developed through court decisions, traditions, and legal precedents rather than through legislative statutes.

Agency

A legal relationship in which one party (the agent) acts on behalf of another party (the principal) in dealing with third parties.

Limited Liability Partnership

A limited liability partnership (LLP) is a legal entity where partners have limited liabilities, protecting their personal assets from business debts and obligations.