its benefits vs expenditures
2006-09-11 12:32:52 · 3 answers · asked by amardeep b 1 in Business & Finance ➔ Investing
you can compute the value of the IT hardware/software by doing a cost-benefit analysis.
Where, Benefit of IT is greater than the cost of it (Benefit > Cost).
You can compute Benefit by adding up the cost savings that the IT hardware or software will give your company. Cost savings can include manpower costs, time, and effort... which is essentially the hourly salary times the total number of hours used up to do manual work. Then compare this with the actual cost of the IT hardware/software. If the cost of the manual labor is higher than the cost of the IT, then go high-tech!
2006-09-11 13:10:55 · answer #1 · answered by J 4 · 0⤊ 0⤋
In my personal opinion no. For example look at microsoft frontpage. You can get by with the software. The updated version is an upgrade, not a new package. You can get by right now with the same technology from three or four years ago. For advice on how to save money and make extra money, visit my website at http://www.easymoneyadvice.com
Thanks
Cory
2006-09-11 13:10:36 · answer #2 · answered by cory c 1 · 0⤊ 0⤋
YES...
2006-09-11 12:48:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋