CIOs Need to Effectively Communicate the Value of Proposed EC

question 34

Multiple Choice

CIOs need to effectively communicate the value of proposed EC projects in order to gain approval for all of the following reasons except:

• A)Companies now realize that EC is not necessarily the solution to all problems.
• B)Some large companies,and many public organizations,mandate a formal evaluation of requests for funding.
• C)The success of EC projects may be assessed in order to pay bonuses to those involved with the project.
• D)Demand for expanding or initiating e-business projects is no longer strong so there are fewer requests for funding.

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Definitions:

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the amount of outstanding stock on the company’s shareholders’ equity account.

Note Payable

A financial obligation in the form of a written promissory note that specifies the principal amount, interest rate, and due date.

Net Income

A company's final earnings following the deduction of all expenses and taxes from its revenues.

Net Cash Flow

The difference between cash inflows and outflows in a given period, indicating the liquidity position of a business.