Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Question
Chapter 10, Problem 5DQ
Program Plan Intro
Business Rules Management System:
- It is nothing but a software system that is used by the
operational systems within the company or an organization. - It is used to define, implement, monitor and maintain the variety and complexity of decision logic.
Given scenario:
Consider a bank that is using business rules management system (BRMS) in order to access the risks and credits of the individuals.
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A bank is considering implementing a business rules management system for assessing the risk and creditworthiness of individuals as part of the loan approval process. List 3 benefits of such a system? List 3 factors that must be weighed in this decision? List 2 potential legal or ethical issues might arise in the use of such a system?
The structure of an information technology system might be improved with the assistance of audits and accountability. Please provide an example, if it is at all possible to do so.
What have been some of the objections leveled against UEFI throughout the years? Which of the aforementioned critiques do you agree or disagree with?
Chapter 10 Solutions
Principles of Information Systems (MindTap Course List)
Ch. 10.1 - Prob. 1RQCh. 10.1 - Prob. 2RQCh. 10.1 - Prob. 1CTQCh. 10.1 - Prob. 2CTQCh. 10.2 - Prob. 1RQCh. 10.2 - Prob. 2RQCh. 10.2 - Prob. 1CTQCh. 10.2 - Prob. 2CTQCh. 10.3 - Do research to find out how the school can sign up...Ch. 10.3 - Prob. 2RQ
Ch. 10.3 - Prob. 1CTQCh. 10.3 - What potential barriers to implementing this...Ch. 10.4 - What sort of training and experience is needed by...Ch. 10.4 - Prob. 2RQCh. 10.4 - Prob. 1CTQCh. 10.4 - Prob. 2CTQCh. 10 - Prob. 1SATCh. 10 - Prob. 2SATCh. 10 - Prob. 3SATCh. 10 - Prob. 4SATCh. 10 - Prob. 5SATCh. 10 - Prob. 6SATCh. 10 - Prob. 7SATCh. 10 - Prob. 8SATCh. 10 - Prob. 9SATCh. 10 - Prob. 10SATCh. 10 - Prob. 11SATCh. 10 - Prob. 12SATCh. 10 - Prob. 13SATCh. 10 - Prob. 14SATCh. 10 - Prob. 15SATCh. 10 - Prob. 16SATCh. 10 - Prob. 17SATCh. 10 - Prob. 1RQCh. 10 - Prob. 2RQCh. 10 - Prob. 3RQCh. 10 - Prob. 4RQCh. 10 - Prob. 5RQCh. 10 - Prob. 6RQCh. 10 - Prob. 7RQCh. 10 - Prob. 8RQCh. 10 - Prob. 9RQCh. 10 - Prob. 10RQCh. 10 - Prob. 11RQCh. 10 - Prob. 12RQCh. 10 - Prob. 13RQCh. 10 - Prob. 14RQCh. 10 - Prob. 15RQCh. 10 - Prob. 16RQCh. 10 - Prob. 17RQCh. 10 - Prob. 18RQCh. 10 - Prob. 19RQCh. 10 - Prob. 20RQCh. 10 - Prob. 21RQCh. 10 - Prob. 22RQCh. 10 - Prob. 23RQCh. 10 - Prob. 1DQCh. 10 - Prob. 2DQCh. 10 - Prob. 3DQCh. 10 - Prob. 4DQCh. 10 - Prob. 5DQCh. 10 - Prob. 6DQCh. 10 - Prob. 7DQCh. 10 - Prob. 8DQCh. 10 - Prob. 9DQCh. 10 - Prob. 10DQCh. 10 - Prob. 11DQCh. 10 - Prob. 12DQCh. 10 - Prob. 13DQCh. 10 - Prob. 1PSECh. 10 - Prob. 3PSECh. 10 - Prob. 3TACh. 10 - Prob. 2WECh. 10 - Prob. 3WECh. 10 - Prob. 1CECh. 10 - Prob. 3CECh. 10 - Prob. 1CTQ1Ch. 10 - Prob. 2CTQ1Ch. 10 - Prob. 3CTQ1Ch. 10 - Prob. 4CTQ1Ch. 10 - Prob. 5CTQ1Ch. 10 - Prob. 1CTQ2Ch. 10 - Prob. 2CTQ2Ch. 10 - Prob. 3CTQ2
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Similar questions
- Imagine that your team has been hired to conduct a review of the information system policies and procedures employed in the student registration department at your school or university. Develop a list of at least 10 specific questions that your team would use to assess the effectiveness of these policies and procedures in reducing mistakes, waste, and costs.arrow_forwardWhen is it appropriate for a corporation to adopt CBIS? How did the CBIS come into existence? When is it necessary for a corporation to create its own CBIS? When is it appropriate for businesses to invest in CBIS?arrow_forwardWhat are some of the complaints that UEFI has received throughout the years? Which of the aforementioned critiques do you concur with or reject?arrow_forward
- Why is it very crucial to conduct a successful criminal investigation with proper documentation? Create a list of the minimal essentials in terms of the papers that are required for an investigation that does not entail the use of computers.arrow_forwardExplain how the GRANT statement could affect the protection of intellectual property. What are the benefits of gaining the various types of access, and what is the procedure for doing so? When looking forward many years, what are the odds that they will be asked to surrender their licenses?arrow_forwardSecurity breaches in information systems are very commonplace these days even though some organizations have what they believe is good security controls. Because of their vulnerability to threats from hackers, internal personnel, and poor management of Hardware and software devices, security controls always need revisiting.From my perspective as manager of the Accounts and Finance department, every security breach affects this department even if it is just down time to be at meetings, to discuss strategies and costs to repair damages. When the breaches occur, unauthorized access is gained to either, do something malicious to the organization's resources to steal or sabotage data for financial gain.This usually results in the company's reputation/integrity being damaged, Loss of revenue during downtime, high costs to repair and restructure. legal ramifications are expected as well if guilty persons are found or if customers decide to sew for breach of contract and losses.Two Reasons…arrow_forward
- Why is documentation so important for any successful criminal investigation? List the minimum non-computer-specific documentation required for an investigation.arrow_forwardWhen conducting an audit, business risk must be considered. a) Define business risk in the context of an audit and outline various potential sources of risk. b) What is the relationship between business risk and the audit's preliminary analytical procedures? c) When preparing an audit engagement, there are four key areas to consider, each with its own set of sub-areas. Please indicate the four primary regions as well as the relevant sub-parts.arrow_forwardStudies have been conducted on the effects of IT on individuals and on society as a whole. Please explain the benefits and drawbacks of your proposal.arrow_forward
- A recommended approach is that the people assigned to implement a risk management program should begin by studying the models presented earlier in this chapter and identifying what each offers to the envisioned process. Once the organization understands what each risk management model offers, it can adapt one that is a good fit for the specific needs at hand. Which risk control strategy would you consider the most effective and why? When should the strategy be used and why should it not be used for all risks?arrow_forwardIdentify and relate the main audit objective to the list of debt processes that are being audited.Debt agreements and covenants should be analysed.Examining the signatures on the original notes of payment to determine the exact amount of the debtPaying off debt.Determine what is realistic and what should be expected.Verification of loan terms and conditions, such as interest rates and repayment schedules. Display and disclosure of monetary valueConsciousness.........arrow_forwardPlease original work What are the three major components of DSSs, and what do they do? How do DSSs help in tax planning? How do DSSs help in website planning and adjustment? Please add references with weblinksarrow_forward
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