Many Companies Are Building Intranets as They Begin to Realize

question 55

True/False

Many companies are building intranets as they begin to realize the benefit of offering individuals outside the organization access to intranet-based information and application software such as order processing.

---

Definitions:

Payback

The period of time needed for an investment to generate cash flow sufficient to recover the initial expense incurred.

Simplicity

The quality of being easily understood or performed; favoring clear, uncluttered methods and procedures.

Managers

Individuals responsible for controlling or administering all or part of a company or similar organization.

Capital Budgeting Process

Involves the evaluation and selection of long-term investments that are in line with the firm's goal of shareholder wealth maximization.