Cost & Benifit To Produce Information

1.0INTRODUCTION The Value of information is the amount a purpose manufacturing business would be move outing to pay for information prior to devising a ratiocination. Information is the lifeblood of any brass tool because its bust meaningful for a decision maker. indeed organization should intimidate their data safely to ensure the important information for the organization not goes to the wrong person. Damage or lost data can cause disruption in normal cable activities such as financial losses, righteousness suit and excessively may loss of trustworthy. To produce information, it does use up comprise and benefits and decision maker curb to analysis two factor out front make any decision. In the caller-out Leo Group, for the accomplish 10 years until today, company use the manual of arms weighing using a MS Excel to prepare a payroll department for the all staff. this instant the company was evolved and the total work force increase. In tell apart t o upgrade the company payroll arrangement and make it more efficient, the top management decide to secure a payroll software system call X-payroll-HR to replace the real manual payroll system that take a divide of quantify to prepare a payroll summary. Before the lowest decision make, the Finance Manager and Human Resource motorcoach have to analysis the live incurred and the benefit that company volition drop dead from that software. 2.0COST INCURRED To bribe this X-Payroll-HR software, company demand to ascertain all the cost that might be incurred and the master(prenominal) cost involve is: a) parcel b)Hardware c)Consumables d)Personal a) Software The cost involve under the software is : i)initial purchase price of the X-Payroll-HR software. To implement the new payroll software system, the main cost is the purchase price of that software. This software is costly and will cost up to RM100,000. ii)Licences When company buy the softw are, they moldiness buy together a licence t! o use it. The freedom need to be renewal annually and this will be endowment cost to company. If company grows in size, the licences...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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