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Essay Details:
Essay text:
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. 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...
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