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CS Professional · Artificial Intelligence, Data Analytics and Cyber Security - Laws and Practice · Management Information Systems - An Overview

Before approving a new MIS for a pharma company in Hyderabad, the steering committee examines whether the expected benefits exceed development and running costs. Which type of feasibility is being assessed?

This is economic feasibility. It compares the expected benefits of the proposed MIS with its development and operating costs to see whether the investment is justified. Technical feasibility concerns technology capability and operational feasibility concerns user acceptance, so they do not fit a cost-benefit comparison.

  1. AEconomic feasibilityCorrect
  2. BTechnical feasibility
  3. COperational feasibility
  4. DLegal feasibility

Explanation

Comparing benefits against development and operating costs is a cost-benefit exercise, which is economic feasibility. Technical feasibility asks whether the technology can deliver the system, and operational feasibility asks whether users will accept and use it.

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