When General Motors analyzes the feasibility of a new information system, at some point the firm must focus on whether the expected benefits of the system will be able to cover the anticipated costs. This practice involves a consideration of the __________ feasibility of the system.
A) operational
B) economic
C) organizational
D) cultural
E) technical

Question

Quizplus · Accepted Answer

Economic feasibility involves analyzing whether the expected financial benefits (such as increased efficiency, cost reductions, and revenue growth) of a project or system will outweigh its costs, making it a financially viable option. This is crucial for ensuring that the investment in a new information system is justified by its potential financial returns.

When General Motors Analyzes the Feasibility of a New Information