Which of the following advanced methods for EC justification and evaluation uses the idea of critical success factors and focuses on key organizational objectives and the potential impacts of the proposed EC project on each of them?
A) benchmarks
B) management by maxim
C) performance dashboard
D) information economics

Question

Quizplus · Accepted Answer

Information economics is the advanced method for EC justification and evaluation that uses the idea of critical success factors and focuses on key organizational objectives and the potential impacts of the proposed EC project on each of them. It considers various factors such as benefits, costs, risks, and feasibility to calculate the return on investment (ROI) and assess the potential success of the project. Benchmarks, management by maxim, and performance dashboard are other methods used for EC justification and evaluation, but they do not specifically focus on critical success factors and organizational objectives.

Which of the Following Advanced Methods for EC Justification and Evaluation