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ipn [44]
3 years ago
6

Suppose your college or organization is considering a new project to develop an information system that would allow all employee

s, students, and customers to access and maintain their own human resources information, such as address, marital status, and tax information. The main benefits of the system would be a reduction in human resources personnel and more accurate information. For example, if an employee, student, or customer had a new telephone number or email address, he or she would be responsible for entering the data in the new system. The new system would also allow employees to change their tax withholdings or pension plan contributions. Identify five potential risks for this new project and be sure to list some negative and positive risks.
Required:
Provide a detailed description of each risk and propose strategies for addressing each risk.
Business
1 answer:
Varvara68 [4.7K]3 years ago
8 0

Answer:

The description of the given question is explained below in the explanation portion.

Explanation:

Risk 1: <u>New customer</u>

  • Our advantage comes from developing strong client relationships, that also typically lead to other initiatives with this client.

Risk 2: <u>Poor cost estimate</u>

  • It's always research linked towards the building of educational business process, therefore a complicated project consisting of several components including students, instructional personnel, and clients.

Risk 3: <u>Difficult to maintain</u>

  • Throughout the long term, disproportionately numerous people will be able to use that same technology in some of these circumstances.
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Answer:

investing

Explanation:

it is good to invest your money in things that you know will be of greater value in the future. For example, "Apple statistics" states that If you had bought $1,000 worth of Apple shares on January 9, 2007, the day Steve Jobs unveiled the original iPhone at MacWorld 2007, your investment would now be worth $26,103.

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4 years ago
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They want to make a profit of $55,498 Unit Variable costs = $11 Unit selling price is = $37 Fixed costs = $18,470 How many units
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Answer:

2,845 units

Explanation:

To find the answer you need to consider that the profit is equal to the sales minus the costs.

Let's consider that x is the number of units sold

Sales= Price per unit*number of units sold

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Variable cost= 11x

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55,498=37x-11x-18,470

55,498+18,470=26x

73,968=26x

x=73,968/26= 2,845

According to this, the answer is that they need to sell 2,845 units to make the desired profit.

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3 years ago
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