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HFRE_ERZBIRQ_YRTNY_1624

Computer Science

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a question should be at 2 or more paragraphs

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1. Business case: Analyze the following business case and provide your recommendations. () Big E. Bank 1. John Adams is the chief information officer of Global Consultants (GC), a very large consulting firm with offices in more 100 countries around the world. GC is about to purchase a set of several Internet-based financial software packages that will be installed in all of their offices. There are no standards at the application layer for financial software but several software companies that sell financial software (call them group A) use one standard to enable their software to work with one another's software. However, another group of financial companies (call them group B) use a different standard. Although both groups have software packages that GC could use, GC would really prefer to buy one package from group A for one type of financial analysis and one package from group B for a different type of financial analysis. The problem is that then the two packages cannot communicate and GCs staff would end up having to type of same data into both packages. The alternative is to buy two packages from the same group—so that data could be easily shared but that would mean having to settle for second best for one of the packages. Although there have been some reports in the press about the two groups of companies working together to develop one common standard that will enable software to work together, there is no firm agreement yet. What advice would you give Adams?
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Choosing the Right Financial Software for GC Company
It is evident that financial software packages make it easy for firms to track their
respective financial health as well as monitor the money transactions in their operations. Based
on Global Consultants (GC) case, choosing the right internet-based financial software package
could be more challenging given the intensity of their operations. Considering the type of the
software packages the GC firm wants to employ in their services, it is certain that it considers
standards of quality more than any other attributes. However, the failure of the two software
packages to link and integrate with one another is a big issue, given inputting same data on them...


Anonymous
Excellent resource! Really helped me get the gist of things.

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