Who Is Responsible for Ensuring That Individual and Organizational Information

question 16

Multiple Choice

Who is responsible for ensuring that individual and organizational information systems are reliable,secure,efficient,and supportable?

• A)IT department
• B)IT users
• C)Senior management
• D)All of the above

---

Definitions:

Marginal Cost

The change in total cost that arises when the quantity produced is incremented by one unit.

MC > MR

A condition where Marginal Cost (MC) is greater than Marginal Revenue (MR), suggesting that producing additional units of a good will not increase profits and may reduce them.

Profit

The financial gain realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Profit-Maximizing Quantity

The level of production at which a company achieves the highest possible profit.