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Base on your book and class lecture Identify and explain five alternatives Strategies for Acquiring IT Applications in an organization? (100 points) Base on your book and class lecture explain the following: SDLC? (25 points) The difference between tangible benefit and intangible benefits for justifying IT investment in an organization (25 points) White a paper with reference on the topic of social commerce. You must include at least 3 references. One page maximum (50 points) Here are some tips for you to begin your paper: Think about the advantages and problems associated with social computing at individual, organization and societal levels. You may also think about the various social computing options available today, etc. Solution If an organization has successfully justified an IT investment, it must then decide how to pursue it. An organization has several strategies for acquiring IT applications. Six common strategy options are to (1) Buy the applications- The standard features required by IT applications can be found in many marketable software packages. Therefore a company should consider well and plan the buy option to ensure that the selected package contains all of the features necessary to address the company.

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Base on your book and class lecture Identify and explain five alternatives Strategies for Acquiring IT Applications in an organization? (100 points) Base on your book and class lecture explain the following: SDLC? (25 points) The difference between tangible benefit and intangible benefits for justifying IT investment in an organization (25 points) White a paper with reference on the topic of social commerce. You must include at least 3 references. One page maximum (50 points) Here are some tips for you to begin your paper: Think about the advantages and problems associated with social computing at individual, organization and societal levels. You may also think about the various social computing options available today, etc. Solution If an organization has successfully justified an IT investment, it must then decide how to pursue it. An organization has several strategies for acquiring IT applications. Six common strategy options are to (1) Buy the applications- The standard features required by IT applications can be found in many marketable software packages. Therefore a company should consider well and plan the buy option to ensure that the selected package contains all of the features necessary to address the company

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