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Decision maker or shareholders opinions of Organizations Software

Category: Organizational Behavior Paper Type: Report Writing Reference: N/A Words: 400

            Different shareholders of the company have a different opinion regarding the software. Some of the shareholders think the upgrading of the existing legacy software is safer because if it requires less cost and the risk of loss is also low. While there are also many of the shareholders, who support the idea of building new software, although the cost of building the new software is high the revenue that company would generate after building a new system is also very high as some with an upgrading of the system. So it can be said that there are a different opinion of the shareholders exist.

Decision alternatives of Organizations Software

                There are two decision alternatives available for the organization, one is building new software and second is to upgrade the existing legacy software. A building of new software have two situations. Further, one is the successful deployment of software and second is an unsuccessful deployment of software (Drake, et al., 2017).

Criteria of Evaluation of Organizations Software   

             The criteria of evaluating the alternating decision of software are the ability of the solution to increase the efficiency of the software system and that also less likely to provide risky while deployment of the software the company also need to keep in mind the cost and the profitability of all alternatives that they can employ in future.

Outcomes associated with Alternatives of Organizations Software  

        If the company go for building the new software system, then there are two possible outcomes, one is a deployment of the software become successful the company is likely to gain 900,000 dhs profit, in the other side if the deployment of software become unsuccessful the company would face loss up to 50,000 dhs.

        If the company chose the second option and just upgrade the legacy system, then there are very fewer chances for the company to have any risk and loss in the longer run. As it is known is the payoff table that the profitability of upgrade the legacy system is 0 DHS and loss of upgrading is also dhs. At this stage, it seems that upgrading of the legacy software is more convenient for the company because there are fewer chances for the risk and loss if the deployment of software become unsuccessful. 

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