Information Systems Are Never Off -The -Shelf Because They Involve

question 79

Multiple Choice

Information systems are never off -the -shelf because they involve

• A)people.
• B)programs.
• C)procedures.
• D)data.
• E)both A and C.

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Definitions:

Explicit Costs

Direct, out-of-pocket payments for costs of production, such as wages, rent, and materials.

Entrepreneur's Potential Earnings

The forecasted income an entrepreneur can expect from their business venture, taking into account risks and opportunities.

Annual Lease

A contract for the rental of property, typically real estate, that lasts for one year.

Payments to Workers

Payments to workers include salaries, wages, benefits, and other compensation provided to employees in exchange for their labor.