The Term "Scalability" Refers to the Ability of an Organization

question 5

True/False

The term "scalability" refers to the ability of an organization to scale down an accounting package for a small business.

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Definitions:

Virtual Organization

An organizational structure characterized by a network of remotely collaborating individuals or entities, often relying heavily on digital communication technologies.

Business Alliances

Strategic partnerships between businesses to leverage resources, knowledge, and market position.

Operating Needs

Essential requirements that must be met for an organization or system to function effectively and achieve its objectives.

Strategic Alliance

A partnership between businesses in which they collaborate to achieve mutually beneficial goals without losing their independence.