The goal of operational feasibility is to understand the degree to which a proposed system will likely solve the business problems or take advantage of opportunities
Indicate whether the statement is true or false
TRUE
Explanation: Operational feasibility is the process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.
CL
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Which of the following statements is true regarding sole proprietorships?
A. Equity capital from outside sources can be easily raised. B. The proprietor has authority to make management decisions subject to rules set by the Small Business Administration. C. A sole proprietorship located and registered in Florida also may operate in Nevada and Michigan without having to register formally in those states. D. An advantage of the sole proprietorship is its continuation after the proprietor dies.
Which of the following is the most important variable considered for identifying opportunities in the global economy to sell low-priced products?
A) middle-class income B) location of population C) demand in products D) cost of products