Programming Languages FORTRAN and COBOL Became International Standards, Meaning

question 42

Multiple Choice

Programming languages FORTRAN and COBOL became international standards, meaning

• A) they were approved by the United Nations.
• B) the United States and other members of NATO agreed to share the designs.
• C) the United States and the Soviet Union agreed to share the designs.
• D) they were supported by every computer manufacturer.
• E) they were based on the metric system.

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Definitions:

Horizontally Growth

Expansion strategy whereby a company grows by acquiring or merging with firms in the same industry at the same level of the supply chain.

Synergies

The additional value created by the combination of two or more companies, parts, or processes to achieve greater performance as a whole than the sum of their individual parts.

Goodwill

An intangible asset representing the excess value paid for a company over its net assets at the time of acquisition, reflecting the company's reputation, brand, and other unquantifiable attributes.

Acquisition Expense

Costs directly associated with acquiring new assets or businesses, including legal fees, due diligence costs, advisory fees, and other related expenses.