Essentials of Systems Analysis and Design (6th Edition)
Essentials of Systems Analysis and Design (6th Edition)
6th Edition
ISBN: 9780133546231
Author: Joseph Valacich, Joey George
Publisher: PEARSON
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Chapter 4, Problem 41CQ

Explanation of Solution

Economic analysis of a project:

  • Economic benefit analysis is used to decide whether a project will make a contribution towards reaching its objectives.
  • Hence, it deals with costs and benefits of the project as a whole...

Explanation of Solution

Economic feasibility factors:

The relevant economic feasibility factors include:

  • Once the system is in place, then it is relevant to see how people are reacting to it...

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