Question: Outsourcing the library service to implement the new features will be a major investment by the library. To be approved, the business case for the

Outsourcing the library service to implement the new features will be a major
investment by the library. To be approved, the business case for the
investment needs to include a financial assessment, based either on a
simple payback period or on Net Present Value (NPV). Discuss briefly the
relative merits of these two approaches.

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