Write a 700- to 1,050-word (2- to 3-page) paper in which you recommend various components that may be used to measure the value of an IS and IT department to a company. Include the following:
- Methods used to measure the economic value of an IT department to a company
- Models for assessing the IS value put in place by the IT department
- Whether or not traditional financial ratios and measurements must be applied to determine the value of IT
Provide research and references to support your recommendations.