A cost-benefit analysis is performed to assess:

a. Operational feasibility: This involves evaluating whether the proposed solution can be implemented within the existing operational framework of the organization. It considers factors like whether the organization has the necessary personnel, expertise, and resources to support the solution.

b. Economic feasibility: This involves evaluating whether the proposed solution is financially viable. It considers factors like the cost of implementing the solution, the expected return on investment, and the potential for cost savings or increased revenue.

c. Technical feasibility: This involves evaluating whether the proposed technology or solution can be developed and implemented with the current technology and resources available. It considers factors like the complexity of the solution, the availability of necessary technology, and the technical skills of the personnel.

d. All of the above: A cost-benefit analysis is a comprehensive assessment that considers all these aspects (operational, economic, and technical feasibility) to determine whether a proposed solution is viable and beneficial for the organization.

Question

A cost-benefit analysis is performed to assess:

a. Operational feasibility: This involves evaluating whether the proposed solution can be implemented within the existing operational framework of the organization. It considers factors like whether the organization has the necessary personnel, expertise, and resources to support the solution.

b. Economic feasibility: This involves evaluating whether the proposed solution is financially viable. It considers factors like the cost of implementing the solution, the expected return on investment, and the potential for cost savings or increased revenue.

c. Technical feasibility: This involves evaluating whether the proposed technology or solution can be developed and implemented with the current technology and resources available. It considers factors like the complexity of the solution, the availability of necessary technology, and the technical skills of the personnel.

d. All of the above: A cost-benefit analysis is a comprehensive assessment that considers all these aspects (operational, economic, and technical feasibility) to determine whether a proposed solution is viable and beneficial for the organization.

Knowee AI · Accepted Answer

A cost-benefit analysis is performed to assess:

a. Operational feasibility: This involves evaluating whether the proposed solution can be implemented within the existing operational framework of the organization. It considers factors like whether the organization has the necessary personnel, expertise, and resources to support the solution.

b. Economic feasibility: This involves evaluating whether the proposed solution is financially viable. It considers factors like the cost of implementing the solution, the expected return on investment, and the potential for cost savings or increased revenue.

c. Technical feasibility: This involves evaluating whether the proposed technology or solution can be developed and implemented with the current technology and resources available. It considers factors like the complexity of the solution, the availability of necessary technology, and the technical skills of the personnel.

d. All of the above: A cost-benefit analysis is a comprehensive assessment that considers all these aspects (operational, economic, and technical feasibility) to determine whether a proposed solution is viable and beneficial for the organization.

A cost-benefit analysis is performed to assess a. b. c. d. ans. operational feasibility all of the above economic feasibility technical feasibility

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