Multiple choice

In which of the following feasibility studies is the cost/benefit analysis done?

  1. Market research

  2. Social feasibility

  3. Technical feasibility

  4. Economic feasibility

  5. Operational feasibility

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Economic feasibility considers the cost/benefits of the proposed system, details of the costs that will be incurred by the organisation adopting the new systemconsidering the development costs and running costs.