Define legal and contractual feasibility. Describe activities that may be involved in this feasibility study
What will be an ideal response?
Legal and contractual feasibility is the process of assessing potential legal and contractual ramifications due to the construction of a system. Possible considerations might include copyright or nondisclosure infringements, labor laws, antitrust legislation, foreign trade regulations, and financial reporting standards, as well as current or pending contractual obligations. Contractual obligations may involve ownership of software used in joint ventures, license agreements for use of hardware or software, nondisclosure agreements with partners, or elements of a labor agreement. A common situation is that development of a new application system for use on new computers may require new or expanded, and more costly, system software licenses.
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________ theory teaches marketers that they can build demand for a product by associating it with strong drives, using motivating cues, and providing positive reinforcement
A) Demand B) Learning C) Economic D) Psychological E) Demographic