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Explain How Tangible Benefits of an Information System Can Be

question 77

Essay

Explain how tangible benefits of an information system can be quantified to assess its economic feasibility.


Definitions:

Conciliator

A neutral third party who assists in resolving disputes by improving communication between the parties, without having the authority to impose a solution.

Negotiations

The process of discussing and coming to an agreement between parties with differing interests.

Benefits

Advantages or gains, often associated with employment or business dealings, that improve the condition or situation of an individual or entity.

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