Current Intangible Business Costs

 

Current Intangible Business Costs

[WLOs: 1, 2] [CLO: 4]

Prior to beginning work on this assignment,

Using the DargeanGrix Business Scenario document, evaluate the current costs of the situation to the organization. Provide a breakdown of the costs and the risks to the organization in the situation. Remember that costs are not only hard costs or dollar related; consider the intangible costs of reputation, perception, and lost productivity due to inefficiency, frustration, stress, mental health, workarounds, and any other kind of intangible cost. Remember that these intangible costs may not be readily quantifiable. However, you can include a narrative with examples that support these aspects. Your goal is to develop the ability to think beyond return on investment (ROI) and traditional costs as justifiers for new ideas.

In your paper,

  • Analyze at least three intangible costs associated with the DargeanGrix Business Scenario.
  • Explain the aspects that comprise the intangible elements.
  • Evaluate the impact of each of the intangibles to DargeanGrix and to DargeanGrix’s business processes and assign a cost to each.
    • The cost may be a monetary one or it may be another form of valuation.
  • Justify each of the assigned costs with a narrative explaining your rationale for each element.
    • Although not required, a table may be useful for visualizing the aspects.

The Current Intangible Business Costs paper

Carefully review the Grading Rubric (Links to an external site.) for the criteria that will be used to evaluate your assignment.