1. Discuss the positive impact of ICT in education and Business 2. Highlight the negative impact of ICT in education and Business

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter9: Decision Making Under Uncertainty
Section: Chapter Questions
Problem 30P
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1. Discuss the positive impact of ICT in education and Business

2. Highlight the negative impact of ICT in education and Business

3. A company is considering a R250 000 investment with the following cash flows 

Year 1 : R30 000

Year 2: R60 000

Year 3: R120 000

Year 4: R130 000

Year 5: R160 000

a) Determine the payback period of the investment ( present in table format) 

b) If the company wants to recover its initial investment in year 3, is the investment worthwhile?

c) Identify and explain any 3 advantages of using payback method. 

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