Juan, a manager for JK Enterprises, is considering hiring your consulting company to evaluate the usefulness of purchasing software for JK that will improve their information reporting capabilities. The software is complex and would require that JK hire someone knowledgeable or send a current employee for additional training. What kind of analysis will your consulting company perform for Juan to determine if the software is a good purchase?

Question

Quizplus · Accepted Answer

The correct analysis for determining if the software is a good purchase for improving information reporting capabilities, considering the costs of purchasing the software and the potential need for hiring or training, is a cost-benefit analysis. This analysis will help Juan understand the financial implications of the investment compared to the expected benefits.

Juan, a Manager for JK Enterprises, Is Considering Hiring Your