Exam 13: Implementing EC Systems: From Justification to Successful Performance

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A formula for calculating the cost of owning,operating,and controlling an IT system best defines

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Explain tangible costs and benefits.Explain intangible costs and benefits.

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Maximizing the value for unconstrained project selection is an advantage of

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One basic way to categorize different EC investments is to distinguish between investment in infrastructure and investment in specific EC applications.

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Vendors dropping a product or going out of business is a disadvantage to purchasing an EC system.

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All EC investments need to be formally justified to insure that they align with the company's competitive strategy.

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Metrics are used to describe each of the following except

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Reduced time-to-market is a cloud computing advantage.

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Mass customization enables manufacturers to create specific products for each customer based on the customer's exact needs.

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Antivirus investments are easily justified because more than ________ percent of viruses enter business networks via e-mail.

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Critical elements that can affect the value of EC across cultures are perceived trust,consumer loyalty,regulation,political influences,and even the content of online ads.

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Interoperability refers to connecting people,data,and diverse systems.

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Justifying information security projects

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Given the diversity of activities involved in e-procurement,the metrics used to measure the value of e-procurement must reflect how well each process is accomplished and take into consideration whether the company is a buyer or seller.

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List and briefly discuss the difficulties in measuring productivity and performance gains from EC investments.

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Not all EC investments need to be formally justified.Each of the following is a case where formal evaluation may not be needed except

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Metrics can

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One reason why EC justification is needed is that companies now realize that EC is not necessarily the solution to all problems.

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List and briefly describe three reasons why EC justification is needed.

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From 1995 through 2000,many EC projects and start-up companies were funded with little analysis of their business viability or finances.

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