Exam 13: Choices in Systems Acquisition

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The project manager sends a ____ to the vendors identified,requesting general,somewhat informal information about a product.

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D

List the benefits and risks to renting and using software through the Web.

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Benefits
No need to learn to maintain the application
No need to maintain the application
No need to allocate hardware for the installation
No need to hire experts for installation and maintenance
Timely availability
Risks
Possible long transaction response time on the Internet
Security risks,such as interception by competitors

Vendor selection criteria include functionality,architectural fit,price,services,and support.

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True

____ software is developed for the widest common denominator of potential user organizations.

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____ free IS staff to develop and maintain an organization's more complex and sophisticated systems.

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Companies that are growing fast and rely on software for deployment of their operations often hire the services of ASPs.

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Professional IS firms often pay discounted prices for ____ tools and other resources,based on volume purchases; they can pass these savings on to their clients.

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Any service that is not included in a(n)____,or is mentioned only in general terms,leaves the door open for the vendor not to render it,or not to render it to a level expected by the client.

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To ensure compatibility with other applications within an organization,the organization's IT professionals should adopt and supply ____ tools to interested users.

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Lack of ____________________ makes system maintenance difficult at best and impossible at worst.

(Short Answer)
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____ software applications include ERP,SCM,and CRM applications and typically cost millions of dollars.

(Multiple Choice)
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The project management team prepares a ____,a document specifying all the system requirements and soliciting a proposal from each vendor contacted.

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The proliferation of desktop computers and easier-to-use development tools in the workplace has been a major stimulus in application development by ____________________.

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Before finalizing the purchasing decision,the system should be tested using ____________________,which is comparing actual performance against specific quantifiable criteria.

(Short Answer)
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In the IT arena,outsourcing has three meanings.

(True/False)
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Name at least five important factors to be considered in selecting a software vendor.

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The most important element of an outsourcing agreement for both parties,but mostly for the client,is what professionals call the ____________________.

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Many North American and European countries have outsourced development of well-defined applications to professionals in other countries,an act often referred to as ____________________.

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____ allows a client to know exactly what the cost of its IS functions will be over the period of the contract,which is usually several years.

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____ allows clients to tap into one of the greatest assets of an IT vendor: experience gained through work with many clients in different environments.

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