Which of the following affects how much money an organization spends on IT?
A) Competition
B) Diversification of products and services
C) Previous year's spending
D) Both A and B
E) All the above

Question

Quizplus · Accepted Answer

All the listed factors affect how much money an organization spends on IT. Competition can drive the need for better or more innovative IT solutions. Diversification of products and services often requires additional IT support for new processes or offerings. Previous year's spending can influence budget allocations and expectations for current or future IT expenditures.

Which of the Following Affects How Much Money an Organization