Cumbie's World #8 & #9 #8-9 | Page 10

27. Why  outsourcing?  Outsourcing  helps  organizations  that  are  struggling  trying  to  keep  up  with  unfamiliar  areas   of  expertise.   28. What  is  the  effect  of  the  Internet  on  television  and  radio  content?  Today  is  that  it  has  to  be  on  the  Internet   before  we  will  ever  hear  or  see  something  either  on  the  radio  or  on  the  TV.   29. With  revenues  from  advertising  in  traditional  channels  diminishing,  how  can  television  and  radio  stations   continue  to  produce  high-­‐quality  content?  They  rely  on  what  they  can  sell  from  their  Internet  sites.     Review  Questions:     1. Describe  the  productivity  paradox.  The  observation  that  productivity  increases  at  a  rate  that  is  lower  than   expected  when  new  technologies  are  introduced.     2. Describe  how  to  make  a  successful  business  case,  contrasting  faith-­‐,  fear-­‐,  and  fact-­‐based  arguments.  Faith   based  arguments  are  based  on  beliefs  about  organizational  strategy,  competitive  advantage,  industry  forces,   customer  perceptions,  market  share,  and  so  on.  Fear  based  arguments  are  based  on  the  notion  that  if  the   system  is  not  implemented,  the  firm  will  lose  out  to  the  competition  or  worse,  go  out  of  business.  Fact  based   arguments  are  based  on  data,  quantitative  analysis,  and/or  indisputable  factors.   3. Compare  and  contrast  tangible  and  intangible  benefits.  Tangible  benefits  are  relatively  easily  to  determine.   They  can  be  estimated  or  proven  in  numbers.  Intangible  benefits  are  the  real  benefits,  but  they  are  harder  to   quantify  with  confidence.  You  have  to  use  your  perception  for  these.   4. Contrast  the  perspectives  of  different  shareholders  involved  in  making  information  systems  investment   decisions.  Management’s  perspective  is  to  be  representatives  or  managers  from  each  of  the  functional  areas   within  the  firm.  Steering  committee’s  perspective  is  to  be  representatives  from  various  interest  groups  within   the  organization  (they  may  have  their  own  agendas  at  stake  when  making  investment  decisions).  User   department’s  perspective  is  to  be  representatives  of  the  intended  users  of  the  system.  The  IS  executive’s   perspective  is  have  overall  responsibility  for  managing  IS  development,  implementation,  and  maintenance  of   selected  systems.     5. Define  a  proxy  variable  and  give  an  example.  Proxy  variables  can  be  used  to  measure  changes  in  terms  of  their   perceived  value  to  the  organization. H0