Identify the three activities in project identification and selection. Describe at least one step in each activity
What will be an ideal response?
Project identification and selection consists of three primary activities: 1. Identifying potential development projects; 2. Classifying and ranking IS development projects; 3. Selecting IS development projects. Organizations vary as to how they identify projects. This process can be performed by a key member of top management, a steering committee, user departments, systems analyst or the development group/senior IS manager. The final activity in the project identification and selection process is the actual selection of projects for further development. Project selection is a process of considering both short- and long-term projects and selecting those most likely to achieve business objectives.
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On January 1, 2010, Zero Company obtained a $52,000, four-year, 6.5% installment note from Regional Bank. The note requires annual payments of $15,179, beginning on December 31, 2010. The December 31, 2012 carrying amount in the amortization table for this installment note will be equal to:
A) $0 B) $13,000 C) $14,252 D) $16,603
A trade fair is
A. a way for specific governments (France, Germany) to claim leadership in a sector. B. an event for the exchange of marketing materials and approaches among members of an industry. C. a more promotion-focused activity than a trade mission, that often results in sales. D. an industry-wide holiday.
Cash registers, time clocks and personal identification scanners are examples of technologies that can improve internal control.
Answer the following statement true (T) or false (F)
In Japan, reciprocity and personal relationships contribute to the development of:
A. global ventures B. amae C. agricola D. keiretsu E. an independent network of small retailers