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*?
Question 3 of 10
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