If You Decided to Go into the Systems Contracting Business

question 56

Multiple Choice

If you decided to go into the systems contracting business, which of the following categories would constitute your main area of expertise, the service you provide for customers?

• A) computer applications
• B) database management
• C) manufacturing
• D) promotion management
• E) MRO (maintenance, repair, operating) supplies

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Definitions:

Public Trading Companies

Corporations whose shares are listed and traded on public stock exchanges, making their ownership publicly accessible.

Adequate Capital

Sufficient funds required by a business to finance its operations and meet its obligations without facing financial distress.

Bank Run

A situation where a large number of a bank's customers try to withdraw their deposits simultaneously because they believe the bank might fail.

Canadian Deposit Insurance Corporation (CDIC)

A federal crown corporation in Canada that provides deposit insurance to protect the deposits made by consumers in member financial institutions in case of their failure.