Question

When a new word processing software program is released, companies that might use it must consider not only the cost of buying it, but the costs of retraining all their employees to use it, and of training their support staff to install and operate it. These additional costs beyond the purchase price are known as __________ costs. a. innovation b. implicit c. transformation d. switching

Answer 1

When a new word processing software program is released, companies that might use it must consider not only the cost of buying it, but the costs of retraining all their employees to use it, and of training their support staff to install and operate it. These additional costs beyond the purchase price are known as c. transformation

Explanation:

• Software cost estimation is the process of predicting the effort required to develop a software system.
• As a number of these models rely on a software size estimate as input, we first provide an overview of common size metrics.
• We then highlight the cost estimation models that have been proposed and used successfully.
• Transformation Costs means the total difference between Price paid by Nortel Networks for the Product and total Material Cost, and includes Material Overhead, Labour Cost, Overhead Cost, Warranty Costs, Profit, Cost of Logistics Operations
• Cost transformation work focuses on simplifying, refocusing and strengthening your business, so you can pursue growth & a better customer experience.
• Transformational Cost Management Program charges are recognized as the costs are incurred over time in accordance with GAAP.