The Choice of Developing Its Own System or Acquiring a Software

question 73

Multiple Choice

The choice of developing its own system or acquiring a software package from an external vendor is also called this type of decision:

• A)Point-scoring decision
• B)Make-or-buy decision
• C)Overall feasibility decision
• D)PERT decision

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Definitions:

Capitalist Development

refers to the process of economic growth and change within societies that emphasize private ownership and market competition.

Buddhism

A spiritual tradition and religion based on the teachings of Buddha, focusing on personal spiritual development and attainment of deep insight into the true nature of life.

Confucianism

A philosophical and ethical system based on the teachings of Confucius, emphasizing morality, family loyalty, and the importance of social harmony.

Secularization Thesis

Says that religious institutions, actions, and consciousness are on the decline worldwide.