Learning Objectives After studying this chapter, you will be able to: Identify the major aspects of the economics of information technology. Explain and discuss the productivity paradox. Describe approaches for evaluating IT investment and explain why it is difficult to do it. Understand the nature of intangible benefits and the approaches to deal with such benefits. List and briefly describe t...

we show a lot of respect for science today. to back up our claims, we tend to appeal to scientific methods. it seems that we all agree that these methods are effective for gaining the truth. we can ask why science has its special status as a supplier of knowledge about our external world and our bodies. of course, one should not always trust what scientists say. nonetheless, epistemological jus...

It’s no use pretending that what has obviously happened has not in fact happened. The upper 1 percent of Americans are now taking in nearly a quarter of the nation’s income every year. In terms of wealth rather than income, the top 1 percent control 40 percent. Their lot in life has improved considerably. Twenty-five years ago, the corresponding figures were 12 percent and 33 percent. One respo...

during the past two decades business and manufacturing have observed significant and radical changes. companies have used automation in the manufacturing, in order to improve quality and competency. it was expected that along with these changes, management accounting systems, which focus on monitoring and analyzing management decisions, should adapt with and encourage the changes. many authors ...