Reference no: EM133149556

1. Why is it just as important for non-IS professionals? How are they involved in this process? What is their role in making IS investment decisions?

2. Why can it be difficult to develop an accurate cost-benefit analysis? What factors may be difficult to quantify? How can this be handled? Is this something that should just be avoided altogether? What are the consequences of that approach?

3. Contrast the cost of acquisition versus the total cost of ownership for the purchase of a new car. Demonstrate how the type of car, year, make, model, and so on change the values of various types of costs and benefits.

4. Identify and describe three different situations where fear, faith, or fact arguments would be most compelling when making an information systems investment decision.

5. Contrast the differing perspectives of different stakeholders involved in making information systems investment decisions.

6. Explain the differences between data and data flows. How might systems analysts obtain the information they need to generate the data flows of a system? How are these data flows and the accompanying processing logic used in the system design phase of the life cycle? What happens when the data and data flows are modeled incorrectly?