The Payback Method Is Often More Useful Than the Net

question 87

True/False

The payback method is often more useful than the net present value method for evaluating systems projects because the effective lives of information systems tend to be short and shorter-payback projects are often desirable.

---

Definitions:

Thinking

The process of using cognition to analyze information, solve problems, and make decisions.

Object Relations

A theory in psychoanalysis focusing on how individuals relate to others and situations in their adult lives, shaped by early family experiences.

Object Integration

The level of unification of an internalized relationship.

Psychodynamic

A perspective in psychology that emphasizes the systematic study of the psychological forces that underlie human behavior, feelings, and emotions and how they might relate to early experience.