board of directors wants to continue consideration of a new WebStore for the company. They have asked you to assist them in selecting and initiating which project to do. They are considering a WebStore for 1 of their following 3 target markets:Corporate furnitureHome office furnitureStudent furniturePresentation (10 to 16 slides)Executive summary (3 to 4 pages)Address the following components in your presentation or executive summary :Explain 4 methods for identifying and selecting IS projects.Compare the characteristics of each method, and identify the strengths and weaknesses of each method.Identify valuation criteria when classifying and ranking the 3-target market projects.Rank the 3-target market projects.Summarize the project initiation and planning process, and identify the next steps for Pine Valley Furniture’s board of directors.

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