Mohawk's Need for Flexibility Required a Change to Its IT

question 15

Multiple Choice

Mohawk's need for flexibility required a change to its IT architecture. SOA was chosen by Mohawk because Mohawk:

• A) Needed to be able to scale up or down operations as called for by the market or by its own arrangements with suppliers
• B) Wanted to eliminate the dependency on its ERP system.
• C) Needed to upgrade its infrastructure components to meet the increased IT demands.
• D) Believed that SOA provides the appropriate level of security it did not have with its original architecture.
• E) Benefited from standardizing on the SAP suite of products and reducing its reliance on multiple vendors.

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Definitions:

Perpetual preferred share

A type of preferred stock that has no fixed maturity date, often providing dividends indefinitely.

Compounded semi-annually

The method of computing interest by taking into account both the original amount of money deposited or lent and the interest that has been earned on that amount from past periods, with the calculation occurring semi-annually.

Perpetuity

A financial instrument that provides endless payments of a fixed amount of money, often used to model the value of stable companies.

Semi-annually

Occurring twice a year, or every six months.