What Are the Factors to Be Considered by Managers When

question 4

Essay

What are the factors to be considered by managers when making a make, buy, or rent decision to satisfy the IT needs of their firms?

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Definitions:

Financial Reporting

The method of generating reports that reveal a company's financial condition to its managers, investors, and governmental agencies.

GAAP

Generally Accepted Accounting Principles; a collection of commonly-followed accounting rules and standards for financial reporting.

Operating Segment

A distinct part of a business that engages in business activities which earn revenues, incur expenses, and is regularly reviewed by management.