Parallel Conversion Attempts to Combine the Best Features of Parallel

question 28

True/False

Parallel conversion attempts to combine the best features of parallel and direct conversion, without incurring all the risks.

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Definitions:

Foreign Competition

Competition that domestic companies face from abroad, from companies in other countries offering similar goods or services.

Union Membership

The status of being a member of a labor union, an organization aimed at representing the interests of employees in negotiations with employers.

Government Employees

Individuals who work in various departments and agencies of the government and are paid by the government.

Private-Sector Workers

Employees who work for businesses or organizations that are not owned or operated by the government.