Return on Investment and Total Cost of Ownership

Return on Investment and Total Cost of Ownership

Write a 1,050- to 1,400-word paper that explains the concepts of Return on Investment and Total Cost of Ownership, and include the following:

  • How do they differ?
  • The benefits and challenges of each of the concepts.
  • Explain what are the elements to consider.
  • How can both of the concepts be integrated into EPM?

Useful link: https://technologyfinancepartners.com/2019/07/tco-vs-roi/#:~:text=Financial%20metrics%2C%20like%20total%20cost,asset%20and%20technology%20investment%20decisions.&text=TCO%20focuses%20on%20all%20the,can%20calculate%20an%20expected%20return.

Format your paper consistent with APA guidelines.

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