Question: Choose a financial calculating model ( e . g . , return on investment ( ROI ) , net present value ( NPV ) ,
Choose a financial calculating model eg return on investment ROI net present value NPV Cashback, payback period, etc. and calculate the financial metrics for the project Databricks based customer churn prediction platform to identify project costs and estimated revenues. Monetary costs are very important when organizations invest in technology, but it should not be the only aspect when making the decision to invest. Intangible benefits such as improving employee morale, customer service, community service, and similar nonrevenue generating benefits should also be part of the decisionmaking process and included alongside the costbenefits analysis. Some may argue that organizations can maximize their performance if intangible benefits are considered. In your initial post, attach your costbenefit analysis for feedback, and describe some of the longterm intangible benefits associated with the technology solution you selected. Explain how those intangible benefits will improve operational efficiency.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
