Management information system HOMEWORK

Consider costs of a system in light of the five components: costs to buy and maintain the hardware; costs to develop or acquire licenses to the software programs and costs to maintain them; costs to design databases and fill them with data; costs of developing procedures and keeping them current! and finally, human costs both to develop and use the system. a. Over the lifetime of a system, many experts believe that the single most expensive component is people. Does this belief seem logical to you? Explain why you agree or disagree.  b. Consider a poorly developed system that does not meet its defined requirements. The needs of the business do not go away, but they do not con- \’ form themselves to the characteristics of the poorly built dystem. Therefore, something must give. \\Arhich component picks up the slack when the hardware . and software programs do not work correctly? What . does this say about the\’cost of a poorly designed system? Consider both direct money costs as well as intangible personnel costs.

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