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Name three tangible and intangible benefits associated with new information systems

Name three tangible and intangible benefits associated with new information systems

Answers

gregory
Tangible benefits can be quantified. These include:
1) Increased productivity.
2) Lower operational costs.
3) Reduced workforce.
4) Lower computer expenses.
5) Lower outside vendor costs.
6) Lower clerical and professional costs.
7) Reduced rate of growth in expenses.
8) Reduced facility costs.
Intangible benefits are difficult to quantify. These include:
1) Improved asset utilization.
2) Improved resource control.
3) Improved organizational planning.
4) Improved organizational flexibility.
5) More timely information.
6) Increased organizational learning.
7) Legal requirements attained.
8) Enhances employee goodwill.
9) Increased job satisfaction.
10) Improved decision making.
11) Improved operations.
12) Higher client satisfaction.
13) Better corporate image.
14) More information.
gregorymasila answered the question on November 27, 2017 at 13:46

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