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Intangible costs are costs it is impossible to predict and quantify. They can include : Loss of staff morale Delays caused in other projects of the business. General dislocation caused by system change. Upsetting customers from system change. Incompatibility with other systems. Need for staff retraining. Unexpected costs of software amendments, tailoring and maintenance. Lack of experience in using new system (IT dept, Users) Cost of failure due to innapprpriate system or faulty implementation.
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∙ 15y ago
Some intangible costs associated with information systems include decreased employee morale due to system downtime or inefficiencies, reduced customer satisfaction resulting from errors or delays in service delivery, and damage to a company's reputation due to security breaches or system failures. Additionally, intangible costs may include missed business opportunities or lost competitive advantage due to ineffective use of technology.
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What are the disadvantages of using information system in an organization?
Some disadvantages of using information systems in an organization can include initial implementation costs, the need for employee training, potential security risks such as data breaches, and the reliance on technology which can lead to system downtime or technical issues.
What are some types of information systems that be used in community services organisation?
Some types of information systems that can be used in community services organizations include case management systems to track client interactions and progress, electronic health record systems to manage client health information, and communication platforms to facilitate collaboration among staff and volunteers. Additionally, fundraising and donor management systems can help track donations and engage with donors effectively.
Are there so many conceptual classifications of information systems?
Because there are different ways to classify things. You need to have it all organized in order to make any sense.
Types of information systems used in organisation?
There are several types of information systems used in organizations, including transaction processing systems (TPS), management information systems (MIS), decision support systems (DSS), and enterprise resource planning (ERP) systems. TPS are used for routine, day-to-day transactions, while MIS provide information for middle-level managers to make tactical decisions. DSS support managers in making strategic decisions by analyzing large amounts of data. ERP systems integrate various functions and processes across an organization, such as finance, human resources, and supply chain management.
Disadvantages of MIS?
Some disadvantages of Management Information Systems (MIS) include high initial setup costs, potential for data security breaches, and the need for ongoing maintenance and upgrades, which can be resource-intensive. Additionally, MIS may lead to information overload if not managed effectively, impacting decision-making processes.
Explain some of the basic principles of cost management such as profits life cycle costs tangible and intangible costs and benefits direct and indirect costs reserves and so on?
Do your homework, kid.
Benefits of using information systems for governments?
Some of the benefits are: * improve customer's satisfaction * reduce administrative costs * accurate and up-to-date reports for decision making
What are some natural threats to information systems?
this website is a natural threat to information systems.
What are some examples of intangible cost?
Costs which can not attributed with a usual financial analysis. For example if we talk about a gold mine project, the possible cost of law suits with local people around the gold mine due to the pollution of the gold mine is an intangible cost regarding the evaluation of the project.
What are the basic issues related to accounting for intangible assets?
Some of the basic issues related to accounting for intangible assets are non-monetary assets which are not seeable. This generates time and effort to classify separate asset. Legal intangibles and Competitive intangible are customers' information, rights, and cost within the organization. It is also recorded as organization's cost.
What are some of the business drivers for today's information systems?
what are some of the business drivers for todays information system
Where can I get some information on security surveillance systems?
You can visit many camera stores online for general information on security surveillance systems. Security surveillance systems can be ordered for around $300.
Where can a company go to get more information on retail POS systems?
Research has shown that there are a number of sites that offer information on retail POS systems. Some sites with great information are "Retail Systems", and the Yahoo "Small Business" sites.
What are some examples of packaging systems?
Some examples of packaging systems include Shrink Packaging, Automatic Palletizing and Automatic Case Erectors. You can get more information about these packaging systems at the Packaging Systems website.
What are some of the different costs of different systems?
You can get hearing aids depending on your insurance from 2 dollars to a couple thousand.
What services does IBM offer for business information systems?
IBM Systems Labs Services and Training infuses intelligence into how global information technology works. They help drive down costs by designing flexible infrastructures and better manage risk.
Why are some budgeted costs based on actual costs from the previous years?
Some budgeted costs are based on actual costs of the previous year, information from supervisors about where resources might be more efficiently used, and subjective judgments about how much should be allowed for resources.
