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Why Is It So Hard to Justify an Information System

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Why is it so hard to justify an information system?
Section reference 1: Planning for and Justifying IT Applications


Definitions:

Investment

The allocation of resources (such as capital, time, or effort) in the expectation of receiving future benefits or returns.

Credit Balance

The amount of money in a financial repository that surpasses the debit balance and is available for use.

Consolidated Goodwill

The excess value of purchase price over the fair market value of identifiable assets and liabilities acquired during consolidation.

Common Stock

An equity security representing ownership in a corporation, entitling holders to a share of the corporation's residual assets and earnings.

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