Enumeration:

1-3. Elements of the Build vs. Buy Trifecta.

Answer: Cost, problem, risk

4-5. Two choices for the company’s software.

Answer: Buy or Build

True or False.

1. Organizations may pursue opportunities to use information systems to support a key

organization strategy or to seize a significant, and ideally long-term, competitive
advantage.
Answer: True

2. Pressure to decrease profitability and improve operational efficiencies often drives

organizations to implement new approaches and technology.
Answer: False
3. In buy or build software, Cost should be your first concern.
Answer: True
4. Time to build is an advantage in building a software.
Answer: False
5. The Waterfall Model was the second Process Model to be introduced.
Answer: False