Final exam answers for MIS 2101 covering key topics in information systems management.
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MIS 2101-Spring 2015 Final ExamStrategies for presenting a Business Case (3 F's)Faith, Fear, FactA salary for an employee is a (tangible or intangible), ______cost.tangible, recurring costAn installation fee is a (tangible orintangible), ______ cost.tangible but non-recurring costAn Increase in revenue is a (tangible or intangible), ______ .tangible benefitImproved customer perception of your firm is an (tangible orintangible), ______ .intangible benefitBreak-Even' analysiswhere the tangible benefits = the tangible costs__________ benefits and costs don't usually play in withBreak-Even analysisIntangible(the strategies for improving inventory management)-Companies implementstrategies like 'Just-In-Time' inventorymanagement systems to ...significantly reduce the amount of inventory needed on hand.-"Customer-Managed" systems, reduce the...costs involved in administering & managing inventory.The part of business that focuses on hardware and softwareused to keep everything running smoothly, and to support thebusiness activity-InfrastructureThis involves critically examining and re-thinking our currentbusiness processes in order to achieve dramaticimprovementsin performance; this process is known as
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