BAP18 practice question 3 of 10

A business case features a management summary, from which the below extract is taken: ‘The new approach will incur significant investment in terms of…

Choose your answer, then check it against the explanation.

A business case features a management summary, from which the below extract is taken: ‘The new approach will incur significant investment in terms of software licenses and annual maintenance fees, which will not be negotiable until year four of the proposal. We will research competing suppliers in the marketplace at end of year three, the supplier will, therefore, be likely to otter a reduced price for year five and beyond. However, we are convinced that the selected option is the right one. It will give us a competitive edge as a result of improved management information, in addition to the boost it will give to our image with our established customers." Which categories of costs and benefits are described in this extract*?
Answer options
Question 3 of 10

Keep practicing

Take the free BAP18 practice test

Ten exam-style questions with answers and explanations, plus the exam facts and study guides.

Start the free practice test

More questions

Other BAP18 practice questions

Scroll to Top