Economic feasibility includes assessing the potential value the system can create for the organization and value-loss risks. The correct answer is option(d).
The period of time when a break-even financial model of the business venture is developed based on all costs related to bringing the product from idea to market and achieving sales sufficient to satisfy debt or investment requirements is known as the economic feasibility step of business development.
The development of your projects depends on their economic viability. Thro This is the goal of an economic feasibility study (EFS). ugh forecasts, this research enables you to see the possible return on investment in real-time. You will find it simple to decide whether to move forward with the project in this way.
The goal of an economic feasibility study (EFS) is to show the overall net benefit of a proposed project for accepting or disbursing electronic cash or benefits, taking into account the costs and advantages to the agency, and other state agencies, and the general public.
The complete question is:
_____ includes assessing the potential value the system can create for the organization and value-loss risks.
A)organizational feasibility
B)technical feasibility
C)system feasibility
D)economic feasibility
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