explain please

SECTION IF Answer ANY THREE questions in this section. Each question is worth 15 marks ALL questions are based on the following scenario Loaned Less provides micro loans to individuals and small businesses. The company employs agents to act on its behalf during the loan approval process. In order receive a loon, the prospective borrower must first apply to Loans Less via the company's website. The loan request is then asigned to an agent who carries out a due diligence process to determine if the loan should be approved. Once this process is complete, the agent makes a recommendation to the company with regards to the loan. The application is reviewed by the loan committee and a final determination is made to accept or reject. The committee also finalizes the loan terms and conditions QUESTION ONE List the right (8) elements of the Work System and then provide examples of these elements from the scenario (9 marks) Give two examples of information infrastructure that could be useful in the scenario (2 marks) Describe two qualities of information that would be well suited to the efficient and effective collection and dissemination of information in the scenario, (4 marks) QUESTION TWO (a) For each of the following scenarion: Mate the management level responsible, and the functional area most suited for the description provide training for agents opening a branch office Increase maximum amount that can be borrowed (6 marks) (b) The loan application report is shared with the loan committee over the Internet. State two suitable methods for sharing this report in an online environment. (2 marks) For each method in part (b)(i). identify one privacy concern and explain how cach could be addressed (4 marks) (c) The company would like to introduce a code of conduct to ensure ethical standards when lending money. Describe one policy that could be considered for such a code. (3 marks) QUESTION THREE The company would like to replace its old information system, ensuring that there is minimal downtime during the conversion process. It is critically important that the old system remains mailable until all employees are comfortable with the new system. State with reasons the conversion method best suited for the task. Include a sketch of your chosen method. (4 marks) b) Describe two benefits and one challenge of your chosen method (6 marks) State two common causes of failure when replacing information systems. (2 marks) d) The company would like to utilize an e-commerce platform to accept payments. State three payment options that could be considered. (3 marks) QUESTION FOUR LoansLess has regional offices in Jamaica, Guadeloupe, and the Dominican Republic. The company's information system will be used to link all three offices and share reports. a) Describe three challenges that must be overcome when implementing the information system in the three territories. (6 marks) b) Given the multi-national nature of the company, state two factors that should be taken into consideration when implementing a website. (2 marks) () Describe two security measures that should be implemented in order for each office to have secure access to the online database management system provided by the head office. (4 marks) d) Explain the term 'end user development" and describe how it might be applied in this scenario. (3 marks) END OF EXAMINATION