Thomas, an Entrepreneur and Inventor, Developed New Software to Help

question 20

Multiple Choice

Thomas, an entrepreneur and inventor, developed new software to help retail stores manage their supply chain effectively. He was able to successfully sell his software to the retail industry. However, certain unscrupulous organizations began producing cheaper versions of the software. This lowered the popularity of the original version. In this case, ________ is affected by the knock-offs.

• A) organizational suitability
• B) technological feasibility
• C) economic viability
• D) capability development
• E) social adaptability

Differentiate between the functionality of classes provided for file input and output.

Conceptualize paths and understand the use of relative and absolute paths in file handling.

Understand the importance of properly opening and closing file streams in Java.

Learn how to create output streams for appending data to text and binary files.

---

Definitions:

Limited Liability Company

A corporate configuration that unites the straightforward tax treatment of sole proprietorships or partnerships with the limited personal liability characteristic of corporations.

Unincorporated Business Association

A group engaged in business without the formalities and legal protections of incorporation, such as partnerships or sole proprietorships.

Limited Liability

Limited Liability is a legal structure that limits an owner's or shareholder's personal liability for a company's debts and obligations.

General Partners

Members of a partnership who are responsible for the management of the partnership, have full authority to bind it, and face unlimited personal liability for its debts.