Which of the Following Statements About Determining the Costs and Benefits

question 26

Multiple Choice

Which of the following statements about determining the costs and benefits of IT investments is false?

• A) Some costs are fixed.
• B) Costs do not end when the system is installed.
• C) Many IT projects end up being over budget.
• D) Benefits are hard to quantify because implementing new technology could be used for multiple purposes.
• E) Benefits are hard to quantify because they are tangible.

Recognize the challenges and benefits of surveillance and monitoring practices in the workplace.

Understand the role of analytics and big data in organizational decision-making and efficiency.

Identify the consequences of constant connectivity and the reliance on digital devices in the professional and personal realms.

Appreciate the necessity for equitable operational frameworks in dealing with larger platform capitalism entities to ensure fair working conditions and practices.

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Definitions:

Taxes

Mandatory financial charges or other levies imposed by a government on individuals or businesses to fund public expenditure.

Private Funders

Individuals or entities that provide financial support for projects, research, or organizations without government assistance, often motivated by philanthropic or investment goals.

Feasibility Criteria

The standards used to assess the practicality and likelihood of successfully implementing a project or solution.

Political and Administrative

Pertaining to the activities, strategies, and operations that govern a nation or organization and the conduct of its administration.