The Operational Feasibility Assessment Focuses on Which of the Following

question 20

Multiple Choice

The operational feasibility assessment focuses on which of the following factors?

• A)How well the proposed system supports the business priorities of the organization.
• B)Cost savings.
• C)Hardware,software,and network capability,reliability,and availability.
• D)Patent,copyright,and licensing.

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Definitions:

Operational Efficiency

The ability of an organization to minimize inputs and costs while maximizing outputs and services.

Market Rate

The prevailing price or interest rate for goods, services, or securities in a competitive market.

Principal-Agent Problem

A dilemma in which an agent (employee or representative) may not act in the best interest of the principal (employer or client) due to differing objectives and information asymmetry.

High-Level Executives

Senior managers and corporate officers who have significant responsibilities in directing and overseeing the operations and strategic direction of a company.