Which of the following correctly describes the potential advantages of a Commercial Off-The-Shelf (COTS) IT system?

The potential advantages of a Commercial Off-The-Shelf (COTS) IT system are highlighted well by the assertion that it typically involves a low initial cost or outlay. COTS systems are pre-packaged solutions that are developed for a wide market and can be purchased off the shelf, which generally means that the expenses associated with development from scratch are avoided. This makes them more accessible for many organizations, particularly those with limited budgets.

Moreover, because these systems are well-established and have been used in various companies, the pricing is usually competitive, and organizations can benefit from economies of scale. Lower upfront costs often lead to an overall more favorable financial assessment when compared to custom solutions that require significant investment in development and maintenance.

Additionally, while factors such as installation ease, support, and availability may also contribute to COTS systems' appeal, its affordability remains one of the primary advantages that organizations seek when considering such solutions.