Course Solutions Uncategorized (Answered) : Text States Data Worth Cost Cost Value Broken Tangible Intangible Factors Tangible Factors Q34250853

(Answered) : Text States Data Worth Cost Cost Value Broken Tangible Intangible Factors Tangible Factors Q34250853

The text states that data should be worth its cost. Both costand value can be broken into tangible and intangible factors.Tangible factors can be directly measured;intangible ones arise indirectly and are difficult tomeasure. For example, a tangible cost is the cost of a computermonitor; an intangible cost is the lost productivity of a poorlytrained employee.

Give five important tangible and five important intangible costsof an information system. Give five important tangible and fiveimportant intangible measures of the value of an informationsystem. If it helps to focus your thinking, use the example of theclass scheduling system at your university or some other

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