Smiling Memories is a tiny photography studio run by a family. The company has a good reputation for producing high-quality images, and it has long-standing agreements with several schools to provide school photos. Smiling Memories has typically managed its business with a simple accounting package, with Make Your Business Profitable 'MYBP' currently in use. However, a few members of the administration team have recently reported that MYBP is taking too long to execute transactions. The computer that runs the programme is also nearing its limit, having not been updated in some years and now handling part of the company's digital imaging needs. Smiling Memories is considering a system upgrade because of the overworked system. It is concerned, however, that if it proceeds with the upgrade, it will be forced to hire a programmer to design the new system as well as a full-time IT specialist to maintain its functioning. It also has no idea what needs to be done in terms of controlling the systems development process. One of the things that concerns Mr Cooper, Smiling Memories co-owner, is the risk of committing capital now only to have to do so again in a few years as technology evolves. However, if the system is a long-term solution, he is willing to invest a substantial sum now because, as Mr Cooper put it, "Once the system is bought, the firm can get back to normal and do what it does best- take photos without having to spend money on IT." Required: Prepare a debate around the following questions based on the information you have regarding Smiling Memories. 3.1 Is Mr Cooper correct when he says, "Once the system is bought, the business can get back to normal and do what it does best-take photos without having to spend money on IT." Critically discuss with detailed explanation (2 marks). 3.2 Describe why Smiling Memories might not need to hire a programmer to design a new system (1 mark). 3.3 How could Smiling Memories keep the expenses of maintaining the system to a minimum once it's in place? (1 mark). 3.4 Do you think Smiling Memories should build or buy the new system? Explain (1 mark). 3.5 Describe how Smiling Memories may go about choosing a supplier for the new system (1 mark). Write your answers to question 3 from here: Smiling Memories is a tiny photography studio run by a family. The company has a good reputation for producing high-quality images, and it has long-standing agreements with several schools to provide school photos. Smiling Memories has typically managed its business with a simple accounting package, with Make Your Business Profitable 'MYBP' currently in use. However, a few members of the administration team have recently reported that MYBP is taking too long to execute transactions. The computer that runs the programme is also nearing its limit, having not been updated in some years and now handling part of the company's digital imaging needs. Smiling Memories is considering a system upgrade because of the overworked system. It is concerned, however, that if it proceeds with the upgrade, it will be forced to hire a programmer to design the new system as well as a full-time IT specialist to maintain its functioning. It also has no idea what needs to be done in terms of controlling the systems development process. One of the things that concerns Mr Cooper, Smiling Memories co-owner, is the risk of committing capital now only to have to do so again in a few years as technology evolves. However, if the system is a long-term solution, he is willing to invest a substantial sum now because, as Mr Cooper put it, "Once the system is bought, the firm can get back to normal and do what it does best- take photos without having to spend money on IT." Required: Prepare a debate around the following questions based on the information you have regarding Smiling Memories. 3.1 Is Mr Cooper correct when he says, "Once the system is bought, the business can get back to normal and do what it does best-take photos without having to spend money on IT." Critically discuss with detailed explanation (2 marks). 3.2 Describe why Smiling Memories might not need to hire a programmer to design a new system (1 mark). 3.3 How could Smiling Memories keep the expenses of maintaining the system to a minimum once it's in place? (1 mark). 3.4 Do you think Smiling Memories should build or buy the new system? Explain (1 mark). 3.5 Describe how Smiling Memories may go about choosing a supplier for the new system (1 mark). Write your answers to question 3 from here