Isolated Systems Are Inefficient and Costly for Organizations to Operate

question 153

True/False

Isolated systems are inefficient and costly for organizations to operate.

---

Definitions:

Political System

The system of government in a country, including the institutions, laws, activities, and principles that define how political power and authority are acquired, communicated, and exercised.

Coupon Rate

The annual interest rate paid by the issuer of a bond to the bondholder, typically expressed as a percentage of the bond's face value.

Secondary Market

A marketplace where previously issued securities and financial instruments such as stocks, bonds, options, and futures are bought and sold.