The Main Problem with Using Installed Software Instead of Hosted

question 32

Multiple Choice

The main problem with using installed software instead of hosted software for customer relationship management is that:

• A)the information entered into the system needs to be synced at regular intervals or it does no good
• B)the information entered into the system needs to be done so in a specific manner that requires extensive training
• C)the software requires so much memory that many companies cannot accommodate it on their servers
• D)the software requires too much maintenance from a licensed technologist
• E)the software requires the cooperation of all departments or else it is not as effective as it could be

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Definitions:

Return On Investment

A measure used to evaluate the efficiency of an investment or compare the efficiency of a number of different investments.

Investment Opportunity

An investment opportunity represents a situation where an individual or organization can invest capital with the expectation of achieving a return on the invested amount.

Margin

This is the difference between the selling price of a product and its cost, expressed as a percentage of the selling price.

Turnover

The speed at which a company's stock or assets are rotated or disposed of over a specific timeframe.