Valuing an IT Investment Is Difficult Because

question 44

Multiple Choice

Valuing an IT investment is difficult because:

• A) Many IT investments are necessities and payback is hard to calculate.
• B) Increased customer satisfaction is not valued enough to justify costs.
• C) IT investments often add no real business value.
• D) IT managers do not see the need to value an investment whose payback period is relatively short.
• E) IT is seen as "a necessary evil".

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Definitions:

Seven Years' War

A worldwide war that took place from 1756 to 1763, engaged the majority of the era's major powers, and impacted regions including Europe, North America, Central America, the West African coast, India, and the Philippines.

First World War

A global conflict that lasted from 1914 to 1918, pitting the Allied Powers against the Central Powers and marking one of the deadliest conflicts in history.

Causes And Consequences

The reasons behind certain actions or events and the effects that follow from those actions or events.

Discrete Probability

The probability of an outcome occurring when the set of possible outcomes is countable and each outcome has a distinct probability.