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Growing State University (GSU) is planning to change from its batch-oriented grade reporting system (BGRS) to a new, online grade reporting system (OGRS).The partial organization chart for GSU appears in TB Figure 17.1.TB Figure TB 17.2 is reproduced from Chapter 17 and shows three possible system implementation approaches.Required:
Demonstrate your understanding of the three approaches in TB Figure 17.2 by constructing an example from the GSU scenario to explain (in one paragraph for each) how each approach might be applied at GSU.Be specific as to which of GSU's organizational units would convert to OGRS and when.Assume that time X in TB Figure 17.2 is the start of the 20X8 fall semester.Make and state any other assumptions you feel are necessary.
Market Signaling
Actions taken by buyers and sellers to communicate quality in a world of uncertainty.
Education
The systematic process of facilitating learning, or the acquisition of knowledge, skills, values, and habits.
Risk-loving
Refers to a preference for risk when making choices under uncertainty, where a greater level of risk is associated with the potential for higher rewards.
Negative Expected Value
A statistical condition where the anticipated result of an investment is less than the initial cost.
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