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
Must be at least five double-spaced pages in length (not including title and references pages)
Must include an introduction and conclusion paragraph.
Introduction
paragraph needs to end with a clear thesis statement that indicates the
purpose of your paper.
Must use at least two credible sources in addition to the course text.Must include a separate references page that is formatted according to APA Styl.
Reference:
Heitman, W. (2016, July 19). Intangible assets: They’re not what you think they are
https://www.cfo.com/news/intangible-assets-theyre-not-what-you-think-they-are/661486/
Terry-Cobo, S. (2009, August 24). Selling intangibles: How to sell what the customer can’t see.
https://www.greenbiz.com/blog/2009/08/24/selling-intangibles-how-sell-what-customer-cant-see
Review the DargeanGrix Business Scenario
Download DargeanGrix Business Scenario document.
https://uagc.instructure.com/courses/134240/files/21870628/download?wrap=1
Review the articles or webpages: Intangible Assets: They’re Not What You Think They Are
Links to an external site., Intangible Values: The Building Blocks of Purpose
Links to an external site., 28 Examples of Intangible Things
Links to an external site., and Selling Intangibles: How to Sell What the Customer Can’t See.
https://www.cfo.com/news/intangible-assets-theyre-not-what-you-think-they-are/661486/
https://simplicable.com/new/intangible-things
https://www.greenbiz.com/blog/2009/08/24/selling-intangibles-how-sell-what-customer-cant-see
Review the Intangible Benefits
Links to an external site. entry.
