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what information is considered a necessary evil in constructing an investment policy statement ??? KINDLY ANSWER...

what information is considered a necessary evil in constructing an investment policy statement ???

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Answer #1

Information on Investment in Information technology division of a company is considered as a necessary evil in constructing an investment policy statement. The same is because as today's companies relies on its IT division for working and carrying out its operation, IT devision had became a prominent on which considerable investment is to done by company to maintain information and its continuation updation. Allthough this investment may not result in any incremental benifit still the loss on account of IT division failure is such that it can criple entire working of business organisation. Hence investment in IT division is considered as necessary evil.

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