Xero system at Bosle Enterprise.edited.docx - (i Based on...

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(i) Based on the textbook on Page 652 The three aspects should be considered during the feasibility analysis of whether Bosle Enterprises should adopt the Xero system. a. Economic feasibility. Bosle Enterprises should assess the time and money or budgetary required to implement the Xero system. Time is an important economic factor that is directly linked to productivity. When less time is used in adopting the Xero system by the organization, this may enhance organizational productivity as the responsible authorities will now focus on other ventures rather than the adoption of the new system. Therefore, the responsible authorities at Bosle Enterprises should ensure that less time is used in adopting the Xero system. Another important economic factor is money, which touches on the organizational budget or financial resource. With financial resources, many firms usually aim at cutting on costs as a way of increasing profitability. In this

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