Making IT Investments on the Basis of an Immediate Need

question 45

Multiple Choice

Making IT investments on the basis of an immediate need or threat are sometimes necessary.What can managers expect from making investments in this way?

• A)These are proactive approaches that will maximize ROI.
• B)These just-in-time approaches to investments minimize long-term costs.
• C)These are reactive approaches that can result in incompatible,redundant,or failed systems.
• D)These quick responses provide the best defenses.

---

Definitions:

Competitive Advantage

The attributes that allow an organization to outperform its competitors.

Business Opportunity

A set of conditions that makes it possible to create, buy, or invest in a business venture with the potential for profit.

Bounded Rationality Model

A theory that suggests individuals make decisions based on the limited information available to them and within the confines of their cognitive limitations.

Evidence-Based Model

A framework for decision-making that involves integrating individual expertise with the best available external evidence from systematic research.