In the context of intelligent systems, what does the term 'business case' encompass?

Prepare for the MIS Data Mining Test with engaging flashcards and multiple-choice questions. Dive into hints and explanations for every question. Enhance your knowledge and ace your exam!

The term 'business case' in the context of intelligent systems refers to the justification for investment in technology. A business case outlines the rationale for a proposed project, highlighting the benefits, costs, and expected outcomes that justify the investment. It provides stakeholders with an understanding of the value that the technology will bring to the organization, including aspects such as improved efficiency, increased revenue, or enhanced competitive advantage.

In a business case, one would typically analyze both qualitative and quantitative benefits, compare them against the associated costs—including hardware, software, and ongoing maintenance—to make a compelling argument for why the investment is warranted. This structured approach helps decision-makers to assess the feasibility and potential return on investment of new technology initiatives.

The other options, while they may relate to the broader topic of technology implementation, do not specifically define the essence of a business case. Hardware costs and employee training are components that might be included or considered within a business case, but they do not capture the overall justification aspect that drives decisions at the organizational level. Daily operational procedures may utilize the technology but are not part of creating a business case for its investment.

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