Examlex

Solved

The Formalization Stage Involves the Installation and Use of Rules

question 7

True/False

The formalization stage involves the installation and use of rules, procedures and control systems.


Definitions:

Computer Software

Programs and other operating information used by a computer to perform specific tasks.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, influenced by trade, investment, and technology.

Risk Profile

An evaluation of an individual's or organization's willingness and capacity to take risks, as well as the potential loss that could result from those risks.

Down Sloping

Describes a trend or movement in a chart where indicators or values are moving downward over time.

Related Questions