Question

Businesses invest in Information Technology Projects because ITPs

support explicit business objectives.
	support implicit business objectives.
	support management decision making.
	all of the above.
	only a and c.

Answer 1

The correct option is d.

(a) Businesses invest in Information technology projects in order to achieve their explicit goals like reduction of cost of production, improving the quality of goods and services provided. But these projects are also used for making decisions in management or for supporting implicit goals.

(b) Information technology projects help to support the implicit objectives of the businesses which are needed so that consumers can differentiate between the companies at psychological level. Like to understand the needs of the consumers by doing research, making a stable position in the market. But along with that these projects are also needed for meeting explicit goals and making management decisions.

(c) Information technology projects are needed to make decisions related to management of the businesses. Like information technology stores the data of the businesses which helps to take decisions related to management of the companies quickly and effectively. But these projects are needed to support explicit and implicit goals also. These are not used only for making management decisions.

(d) Information technology projects are used by businesses to support explicit objectives which are related at the product level, to support implicit goals which are related at psychological level and helps the consumers to relate to the businesses at psychological level and also to make management decisions of the businesses in very less time.