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SECURITY IN MANAGEMENT

a) In terms of security, discuss the relative advantages of lockbox systems, charge cards, and debit cards from the standpoint of both the party making the payment and the party receiving the payment.

b) Compare and contrast the efficiency and effectiveness of an in-house data center (both centralized and decentralized), an arrangement with an outsourcing vendor to own and operate a data center, a service bureau, and an applications service provider (ASP).





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