An IT department needs to upgrade its hardware to run the new version of an established operating system. The cost of this required upgrade is $2 million. As an alternative, the IT director has suggested that the company should change to a completely different operating system. Although this will cost $6 million, the change will bring many other benefits, including cheaper maintenance costs and increased security.
What is the avoided cost in his proposal?

A convenience food manufacturer has undertaken a strategic analysis study and has identified a threat from groups lobbying against the use of packaging for food products.
Which of the PESTLE categories would have helped highlight this threat?

Which of the following diagrams helps the business analyst to document a range of issues that have been uncovered about a business situation?

Which category of activities should be identified first when developing a 'Business Activity Model' (BAM)?

A business case for a project claims that the new system will provide managers with more time to think creatively about strategic issues.
What would this be classified as in a cost-benefit analysis?