When Resources and Staff Are Available and the System Must

question 62

Multiple Choice

When resources and staff are available and the system must be built from scratch,a company should consider ________.

• A)Outsourcing
• B)ERP systems
• C)Cloud computing
• D)In-house developers

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Definitions:

Characteristics Of A Bond

Aspects that define a bond, including its maturity date, face value, coupon rate, and issuer, determining its suitability for investors.

Interest Rate

The cost incurred, calculated as a fraction of the principal, for utilizing assets, charged by the lender to the borrower.

Banks

Financial institutions licensed to receive deposits and make loans, and offer various other financial services, such as wealth management and currency exchange.

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, taxes, and costs incurred in producing those revenues.