Customized vs Off Shelf Software Essay Example | Topics and Well Written Essays - 250 words

Customized vs Off Shelf Software - Essay Example It has numerous in-built databases and features, more than could be needed. Upgrades could be provided free or at subsidized cost. Even so, this software requires constant upgrading. Furthermore, it provides little flexibility because of the inability to control its source code (Cook, 2007). As such, it could fail to be compatible with the organizational goals, hence forcing the organization to change its processes. On the other hand, customized software attracts high initial cost. Just as off-the-shelf software, it is also associated with future cost, but in this, for alterations made to the software. Nonetheless, Cook (2007) observes that it provides the option of starting with the minimum critical requirements and later upgrading to encompass whatever else would be needed. Such changes could be made quickly. Importantly, its ability to be tailored to meet the exact business needs assures of its ability to meet the intended goals. With the main objective of acquiring software for a logistics organization being to meet the organizational objectives, customized software would be best suited for our organization. Even though the organization would incur high initial cost, it would experience the exact objective for which such software is acquired. Additionally, it would only provide what is needed in the organization, thus saving the company idle features consuming

Willingness to Pay Essay Example | Topics and Well Written Essays - 250 words

Willingness to Pay - Essay Example On the other hand, for a park or a green space to remain in good and attractive condition, regular maintenance, and improvements are mandatory. Costs are incurred in order for these services to be effectively provided to the public, hence necessary to charge the public a relatively small sums of money in order to meet the costs. Nevertheless, it is important to consult the public about the amount they are willing to pay for the services, amenity, or a resource hence the term â€Å"willingness to pay†. A good example of willingness to pay scenario is the residents of Boulder Colo in USA. The people of this area were willing to pay up to $234 per home in order to keep a five and a half acres of land preserved for public usage (Americantrials, 2014). This land had not been developed for long hence the community decided to be contributing the large sums of money in order for them to be using it as a park. Their decision could however be termed as highly brilliant since presence of this land as a park made the value of the surrounding properties to dramatically hike in price. Other recreational benefits that were accrued from the existence of the park included travelling costs incurred while visiting the park. Within a period of four years (1995-1999), the property price premiums were summing up to $140.2 million. There was also a net entertaining value of over $7.6 million (Americantrials, 2014). In conclusion, provision of opportunities for physical activities such as establishment of recreational areas like parks or provision of service may have so much economic benefit to the local government, private developers, and the to the residents of that the neighboring areas. Facilities like parks; availability of quality water among others raises the value of the properties and homes in the nearby area. Moreover, the cost incurred in maintaining such recreational facilities and resources is by far much lower than