Among the following 5 propositions related to IS expenditures, which one is most appropriate?

Select one:

a. IS spending should be between 1% and 5% of total revenues

b. We must invest in IS because our competitors are doing so

c. ROI from IS investment is more important that the amount invested

d. IS investment is an expense that needs to be controlled

e. We must invest in IS to show to stakeholders that we are adopters of new technologies