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Systems Analysis and Design (Shell...

11th Edition
Scott Tilley + 1 other
ISBN: 9781305494602

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BuyFindarrow_forward

Systems Analysis and Design (Shell...

11th Edition
Scott Tilley + 1 other
ISBN: 9781305494602
Textbook Problem

Describe each benefit classification and include two examples.

Program Plan Intro

Classification of benefit classification with examples.

Program Explanation

Benefits can be classified into two major types:

a) Tangible benefit and Intangible benefit

Tangible benefit is the benefit which is measured in terms of money value whereas intangible benefit can be measured in terms of goodwill but no physical existence.

Suppose, a company X has 50 employees. The workers are paid regularly, and their grade promotion is decided based on feedback every month.

Here, the salary paid to employees is the tangible benefit and the feedback for promotion is intangible benefit.

b) Direct and indirect benefit

Increase in the sale is direct benefit whereas the returns are indirect benefits...

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