Understanding the Life Span of the IT Infrastructure and Architecture

question 6

Multiple Choice

Understanding the life span of the IT infrastructure and architecture is called:

• A) IT life cycle
• B) Strategic timeframe
• C) Architecture life cycle
• D) IT life span
• E) System timeframe

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Definitions:

Import

Products or services that are transported into a country from another with the intent to sell them.

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, leading to more efficient trade and resource allocation.

Opportunity Cost

The value of the best alternative foregone as a result of making a particular choice or decision.

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost compared to its competitors.