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Estonia Began the Process of Digitizing Its Operations in 1997

question 14

Multiple Choice

Estonia began the process of digitizing its operations in 1997. Which of the following statements is true of the electronic platform called X-Road?


Definitions:

Business Plan

A formal written document that outlines the strategy, goals, financial projections, and operational guidelines for starting and running a business.

Feasibility

The assessment of the practicality or possibility of a proposed project or system.

Demographics

Statistical data relating to the population and particular groups within it, used for marketing and policy-making purposes.

Obtaining Financing

Obtaining Financing refers to the process of securing funds needed to start, operate, expand, or sustain a business, often through loans, investments, or other forms of financial support.

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