Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
12th Edition
ISBN: 9781285867168
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 12, Problem 13RQ

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Pareto principle:

  • The Pareto principle (also known as the 80–20 rule) is a rule of thumb used in business that helps people focus on the vital 20 percent that generate 80 percent of the results.
  • This principle means that implementing 20 percent of the system requirements can achieve 80 percent of the desired system benefits.
  • An 80–20 option will have a low cost and quick completion schedule relative to other potential options.
  • However, this option may not be an ideal solution and may not even be acceptable to the users, stakeholders, and the steering team who may be expecting more...

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Draw a level-0 diagram for this scenario: You are developing a new customer relationship management system for the BEC store, which rents out movies to customers. Customers will provide comments on new products, and request rental extensions and new products, each of which will be stored into the system and used by the manager for purchasing movies, extra copies, etc. Each month, one employee of BEC will select their favorite movie pick of that week, which will be stored in the system. The actual inventory information will be stored in the Entertainment Tracker system, and would be retrieved by this new system as and when necessary.
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