IT spending and budgeting

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  • Fortune 500

    The Fortune 500 is Fortune Magazine's annual ranking of the United States' 500 largest corporations. The list is important because it provides the general public with a sense for which companies have the ability to influence the economy in the United... 

  • IT productivity

    IT productivity is a reference to the relationship between an organization's technology investments and its corresponding efficiency gains, or return on investment. 

  • IT cost structure

    IT cost structure is the relationship of different types of costs within a larger IT budget. 

  • hurdle rate

    A hurdle rate is the required rate of return above which an investment makes sense and below which it does not. 

  • sunk cost (SC)

    A sunk cost is money that has already been spent and cannot be recovered. Logic dictates that because sunk costs will not change -- no matter what actions are taken -- they should not play a role in decision-making. Emotionally, however, the more som... 

  • IT strategy (information technology strategy)

    IT strategy is a comprehensive plan that information technology management professionals use to guide their organizations. 

  • great recession (Great Recession)

    Great recession is a label used by journalists and  economists to describe a severe, prolonged economic downturn. 

  • EBITDA ( earnings before interest, taxes, depreciation, and amortization)

    EBITDA stands for 'earnings before interest, taxes, depreciation, and amortization.'