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Financial management of IT
1.Briefly describe the organisation and how richness and reach of information has an impact on the financial management of the organisation.
2. Recommend how IT can be used to manage costs, volumes and profits(or surpluses in the case of non-profit organisations)to financial advantage in the organisation.(discuss the relevent elements such as income/revenue/fees/sales,variable costs,fixed costs and the different techniques that can be applied using IT)
3. Recommendations on how IT can be used to manage working capital to financial advantage in the organisation.
4. Suggest how your recommendations can impact on the performance of the organisation and how this can be measured.
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