Well, honey, the cost of using a database approach can vary depending on the size and complexity of your project. As for the risk, let's face it, there's always a chance of data corruption, security breaches, or system failures, but hey, that's just the reality of working with technology. Just make sure you have a solid backup plan in place and you should be good to go.
The advantages of Cost and Risk Database Approach include being personalized and specialized. It also involves conversion costs and management cost.
The costs and risks are of DB approach are categorised into 5 factors . They are * New specialized Personal * Installation and management cost and complexity * conversion costs * Need for explicit backup and recovery * organizational conflict
1. More Complexity 2. More difficult to recover from a failure 3. More expensive
element of risk is the factor which causes the cost of capital to increase as much the risk as much the cost of capital.
The threes standard approaches to valuation are: 1) the income approach, 2) the market approach, and 3) the asset (or cost) approach.
The advantages of Cost and Risk Database Approach include being personalized and specialized. It also involves conversion costs and management cost.
Database Approach vs. Traditional File ProcessingSelf contained nature of database systems (database contains both data and meta-data).Data Independence: application programs and queries are independent of how data is actually stored.Data sharing.Controlling redundancies and inconsistencies.Secure access to database; Restricting unauthorized access.Enforcing Integrity Constraints.Backup and Recovery from system crashes.Support for multiple-users and concurrent access.
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•Database approach: approach whereby a pool of related data is shared by multiple application programs; offers significant advantages over traditional file-based approach
what are the advantages of database management approach to the file processing approach Give examples to illustrate your answer
Database is collection of some inter related records . And yes, data redundancy be completely eliminated when database approach is used.
database
The Database Approach has four common characteristics. These are: Self-describing nature, support multiple user view of data, share the data and multiple user transaction processing and insulation between data and data abstraction.
The costs and risks are of DB approach are categorised into 5 factors . They are * New specialized Personal * Installation and management cost and complexity * conversion costs * Need for explicit backup and recovery * organizational conflict
database approach
A defensive approach is a management approach designed to reduce risk of loss.
In work group database approach , consists 20-25 members those team of people will develop a database of an organization . The work group database is designed to support to maintain database by a group of people.