________ Is an Important Part of the Planning Stage of the Systems

question 67

Multiple Choice

________ is an important part of the planning stage of the systems development life cycle and examines whether an initiative is viable from technical, financial, and legal standpoints.

• A)Procurement analysis
• B)Feasibility study
• C)Market share analysis
• D)Brand assessment

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Definitions:

Firm(s)

Businesses or corporations established to perform economic activities, such as producing goods or offering services to consumers.

Dango

A Japanese term referring to informal gatherings or consortia where companies collude, often used in the context of bid-rigging.

Covert Collusion

A secret agreement between companies to engage in practices like price-fixing or market sharing, which are typically illegal and aim to reduce competition.

Japanese Construction Industry

A significant sector in Japan, known for its innovative construction techniques, earthquake-resistant buildings, and contribution to national GDP.