Evaluating the Feasibility of an Alternative in Terms of the Funds

question 5

Multiple Choice

Evaluating the feasibility of an alternative in terms of the funds and resources available to support a project for the organization is a measure of _____.

• A) organizational feasibility
• B) technical feasibility
• C) economic feasibility
• D) legal feasibility
• E) ethical feasibility

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Definitions:

Innovations

The introduction of new ideas, goods, services, or processes which improve upon the existing standards, often leading to competitive advantage.

Crossing the Chasm

A marketing theory that describes the challenge of transitioning from early adopters to a broader mainstream market.

Consumer

An individual who purchases goods and services for personal use.

Customer

Someone who pays for a product or service.