_____ Involves More Risk Than Other Changeover Methods

question 22

Multiple Choice

_____ involves more risk than other changeover methods.

• A) Direct cutover
• B) Pilot operation
• C) Parallel cutover
• D) Phased operation

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Definitions:

Voluntary Export Restriction

An agreement by a country to limit the quantity of goods exported to another country to avoid tariffs or quotas.

Import Quota

A government-imposed limit on the quantity or value of a specific commodity that can be imported into a country.

Protective Tariff

A tax imposed on imported goods to shield domestic industries from foreign competition by making imported goods more expensive.

Import Quota

A government-imposed limit on the quantity or value of goods that can be imported into a country, used to protect domestic industries and manage trade balances.