How much to invest in error checking and control

Assignment Help Management Theories
Reference no: EM131451495

Question: A new billing system. A new system that bills corporate clients is under development, and there is a discussion over how much to invest in error checking and control. One option has been put forward so far, and initial estimates suggest it would add about 40 percent to the overall cost of the project but would vastly improve the quality of the data in the database and the accuracy of client billing. Not spending the money would increase the risk of overcharging some midsize clients. Divide into two groups and prepare arguments for and against spending the extra money on error checking and control. Remember to include in your argument how stakeholders would be affected and how you would deal with any unhappy customers.

Reference no: EM131451495

Questions Cloud

What does the eff do : Visit the Web site for the Electronic Frontier Foundation (EFF) at www.eff.org.
Justify the statement when are you at work : One team must defend the employer position on employee monitoring. The other team must defend the employee position. Draw on the policies and experiences.
What is the real risk-free rate of return : What is the real risk-free rate of return?
What is the current stock price : The appropriate rate of return on the stock is 10 percent, compounded quarterly. What is the current stock price?
How much to invest in error checking and control : A new billing system. A new system that bills corporate clients is under development, and there is a discussion over how much to invest in error checking.
Compute the percentage of the firm that is financed by debt : Compute the percentage of the firm that is financed by debt provided that the firms assets of $8 million are financed by $3 million in Equity and the rest by lo
Compute the wacc of firm : Compute the WACC of a firm that currently has $2 million in debt and $3 million in equity and $1 million in preferred stock.?
Compute the after tax cost of debt : Compute the after tax cost of debt given that the firms current yield to maturity on debt is 10% and the debt pays a 8% coupon
Explain all the e-mil privacy : Your company has a clearly stated employee surveillance policy that stipulates that anything an employee does on a companyowned computer is subject to monitorin

Reviews

Write a Review

Management Theories Questions & Answers

  Learning in action

Learning contract proposal that will form the basis of your learning contract report.

  Change is the only constant

"Change is the only constant " Evaluate the different types of change that have occurred in Sony.

  How do advertisers try to use group influence

How do advertisers try to use group influence?  Will you find any specific examples and explain the relevant theory of group behavior and influence?

  Case study:saving sony

You have been appointed by Sony as a consultant on change management. Advise Sony on how they could implement the change by using the various theories of change you have learnt.

  How the stock market works

The purpose of this project is to help you to gain an understanding of how the stock market works and of the relationship between theory and practice.

  Find the optimal production quantities

Find not only the optimal production quantities, but also the optimal total cost.

  Describe the management process

Describe the management process and identify the skills required to manage business organizations.

  Case study : bert''s bonsai and aquatic sport museum

Case Study : Bert's Bonsai and Aquatic Sport Museum Prepare a knowledge management system.

  Knowledge management techniques

Demonstrate understanding of the many-sided nature of knowledge management

  Theory of transtheoretical model

Demonstrate understanding of the many-sided nature of knowledge management

  Write a paper on historical trends of management

Write a paper on Historical Trends of Management.

  Theory of reasoned action

Theory of Planned Behavior and Integrated Behaviors Model

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd