The Chapter Discussed Four Macro- and Four Micro-Level Factors to Consider

question 61

Essay

The chapter discussed four macro- and four micro-level factors to consider when selecting information technology.Suppose you have been hired as a consultant to recommend new general ledger software for a client; you have decided to conduct interviews and focus groups as part of developing your recommendation.For each factor listed below, indicate one question you would ask in the interviews/focus groups.Ensure that your questions are specific to the general ledger software.
a.Need: ________________________________________________________
b.Strategic fit: ___________________________________________________
c.Personnel involvement: __________________________________________
d.Financing: _____________________________________________________
e.Cost: _________________________________________________________
f.Adaptability: ____________________________________________________
g.Training: _______________________________________________________
h.Vendor reliability: ________________________________________________

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Definitions:

Favorable Market

A market condition that is advantageous for sellers, characterized by high demand and the ability to sell at higher prices.

States of Nature

Represents possible outcomes in decision-making under uncertainty, which cannot be controlled by the decision-maker.

Decision Tree

A graphical representation of possible solutions to a decision based on various conditions, helping in the analysis of decision making.

Gas Prices

The cost per unit of gasoline, typically expressed per liter or gallon, influenced by factors such as crude oil prices, production costs, and taxes.