Because of the difficulty in determining all the costs, total cost of ownership is seldom used to plan for and maximize the value of IS investments.

Name: Because of the difficulty in determining all the costs, total cost of ownership is seldom used to plan for and maximize the value of IS investments.
Brand: Quizplus
Rating: 4.7 (36 reviews)

Question

Quizplus · Accepted Answer

Total cost of ownership (TCO) is a critical metric used to evaluate the comprehensive costs associated with IS investments, helping organizations plan and maximize value despite its complexity.

Because of the Difficulty in Determining All the Costs, Total