Which of the following statements most accurately reflects the challenges and risks faced by organizations which adopt EIS?
Question 8 options:
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The challenges and risks associated with EIS are essentially the same as those associated with any other BIS. |
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In addition to challenges and risks associated with any BIS, adopting an EIS includes additional challenges/risks such as change management and managing relationships with consultants. |
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There are generally fewer challenges and risks associated with EIS than there are with other BIS. |
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Because there are more challenges and risks associated with a BIS than an EIS, the return on investment (ROI) is typically lower for a BIS than an EIS. |
Answer- In addition to challenges and risks associated with any BIS, adopting an EIS includes additional challenges/risks such as change management and managing relationships with consultants.
Explanation- EIS is the acronym for Executive Information System is a management support system that helps the management or the executive team with information and decision making needs to take effective decisions. The system provides them access to both internal and external information that are primarily relevant to the organizational goals. The system has user interfaces and graphical displays for ease of users. However, the EIS is more of information oriented system which facilitates an effective decision making system. It helps in monitoring whether the objectives have been met or not. However, any initiative for change management, resistance to change, relationship level with the consultants and suppliers are not monitored via EIS. EIS is one of the BIS models. It is a form of Decision Support System (DSS) hence it has its own limitations and challenges such as change management and building long lasting relationship with consultants.
Other options- Option 1 and 3 are incorrect statements. Each system is unique in its own ways and their challenges never remain the same. Option 4- EIS is part of BIS model. The ROI is based on the decisions not based on the systems.
Which of the following statements most accurately reflects the challenges and risks faced by organizations which...