Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 12, Problem 6DQ

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Factors that are to be considered:

FactorDeveloped in-houseOff-the-Shelf software(bought)
Total cost of the softwareThe cost to develop the system in-house can be difficult to estimate accurately and is frequently higher than the software that has been bought.The actual cost to implement off-the-shelf software is also difficult to estimate accurately but is likely to be lesser than a customized software package.
Requirements of the softwareSoftware that is developing inside an organization is more likely to satisfy the organization’s needs.This may not get exactly the desired output.
Process improvementThis software automates the existing business processes even if they are not up to the markBy adopting a package, the organization can simplify or streamline a poor existing business process...

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