Differentiate between intangible and tangible benefits and list ...

[Wadzanai]

Differentiate between intangible and tangible benefits and list three examples of each. In what types of systems are intangible benefits more predominant?
 
  What will be an ideal response?

Question 2

TCP/IP was developed in the 1960s to enable university scientists to locate other computers on the Internet.
 
  Indicate whether the statement is true or false

[braelync]

Answer to Question 1

Tangible benefits can be quantified and given a monetary value. For example, a monetary value can be given to increased productivity, lower operational costs, reduced workforce, lower computer expenses, lower outside vendor costs, lower clerical and professional costs, reduced rate of growth in expenses, and reduced facility, telecommunications, software, services, and personnel costs.
Intangible benefits cannot be immediately quantified but may lead to quantifiable gains in the long run, such as higher sales. Examples of intangible benefits include: improved asset utilization, resource control, organizational planning, decision making, operations, increased flexibility, learning, job satisfaction, client satisfaction, employee goodwill, more timely information and more information, the fulfillment of legal requirements and a better corporate image.
Systems that produce more intangible benefits are MIS, DSS, and collaborative work systems.

Answer to Question 2

FALSE