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Issue:

Technology

 

Written by:

Rosemary L

 

Date added:

February 6, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

2 / 414

 

Was viewed:

501 times

 

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Essay content:

At this point, the company’s senior management needs to determine whether to modify the existing systems or build a new system. To help make the decision, the company will perform four types of feasibility analyses: (1) technical, (2) economic, (3) operational, and (4) schedule. A technical feasibility analysis attempts to determine what technologies exist or can be devel- oped to solve the identified problem...
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It considers the risks of building new technologies versus purchasing existing ones. The main risk is that the technology will fail. The analysis also assesses whether the organization has the experience and expertise required to work effectively with the technologies. Suppose a medium-sized company identifies a need to integrate its business func- tions...
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