Which of the Following Is an Advantage of Custom-Developed Software

question 27

Multiple Choice

Which of the following is an advantage of custom-developed software?

• A) They are less expensive than off-the-shelf software.
• B) They can be tailored according to an organization's requirements.
• C) They are easier to develop than using horizontal applications.
• D) They need not be adapted to changing needs.

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Definitions:

Usury Laws

Legislation that sets maximum interest rates that can be charged on loans, intended to protect consumers from excessive interest.

Price Ceilings

A legally mandated upper limit on the price that may be charged for a product or service.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a particular price over a specified period.

Quantity Supplied

The measure of goods or services available from producers for sale at a particular price.