Describe each benefit classification, and include two examples.

What will be an ideal response?


Benefits are classified the same way as costs — tangible or intangible, fixed or variable, and direct or indirect — and the same examples would apply. For instance, costs can include salaries, equipment, and other resources, and a reduction in these areas can be calculated as a benefit. Benefits also can be classified as positive benefits or cost-avoidance benefits. Positive benefits are increased revenues, lower costs, or improved services that can be attributed to the new information system. Examples of positive benefits include reduced operating expenses, faster service to customers, and better inventory management. Cost-avoidance benefits are expenses that would be necessary if the new system were not installed. Examples of cost-avoidance benefits include handling the work with current staff instead of hiring more people, or not having to replace existing hardware and software.

Computer Science & Information Technology

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Hyper-V feature that supports redirecting of local resources such as keyboard, video, mouse, audio, printers, clipboard, USB devices, drives, and plug-and-play devices

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8. Smart Paging
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Computer Science & Information Technology