What is tco (total cost ownership), Other Management

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Question 1 What is TCO (total cost ownership)? List the common task in IT system management. Discuss each task in detail

Question 2 Explain people process technology approach for organizational management with the help of relevant diagram. Write a short note on hybrid model of IT system design

Question 3 What is pay back method? How it can be calculated? Solve the following problem using pay back method: A leather company want to purchase a machine of Rs. 20, 000, 00 and it expects pay back at the rate of 5, 000, 00 per year. Determine the payback period. Discuss the advantages and disadvantages of payback method


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