What is an economic feasibility study?
A. Identifies the financial benefits and costs associated with the systems development project.
B. Determines the organization's ability to build and integrate the proposed system.
C. Assesses the likelihood that all potential time frames and completion dates will be met.
D. Examines all potential legal and contractual ramifications of the proposed system.
A. Identifies the financial benefits and costs associated with the systems development project.
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Economic theory suggests that rational customers will collect information only to the point at which:
A) the marginal benefit of obtaining the information in terms of incremental value to making a choice equals the marginal cost. B) the total benefit of obtaining the information equals the total cost after purchasing the product. C) they can no longer pay for syndicated information. D) the marginal benefit of obtaining the information in terms of incremental value to making a choice is less than the marginal cost.
Market research is typically ________.
A. complete when the product or service is introduced B. complete within six months after introduction C. complete a year after product introduction D. ongoing; you always do market research
Any increase in interest payments caused by a project should be counted in the incremental cash
flows. Indicate whether the statement is true or false
Bob uses his own private key to encrypt the message. When Alice receives the ciphertext she finds that she can decrypt it with Bob's public key, thus proving that the message must have been encrypted by Bob
No one else has Bob's private key and therefore no one else could have created a ciphertext that could be decrypted with Bob's public key. Therefore the entire encrypted message serves as a _________ . ? What will be an ideal response?