Organizations Are Often Reluctant to Abandon Their Legacy Systems Because

question 65

Multiple Choice

Organizations are often reluctant to abandon their legacy systems because:

• A)The system was customized to meet specific needs.
• B)The process to replace the systems is inexpensive.
• C)The time involved for replacement is minimal.
• D)Information contained on the system is outdated.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability of a set of data points around their mean, commonly used in finance to assess the risk or volatility of an investment.

Risky Asset

An asset that has a significant degree of risk associated with it, offering the potential for higher returns in exchange for the increased risk.

Standard Deviation

A statistic that measures the dispersion of a dataset relative to its mean and is used in finance to gauge the amount of historical volatility of an investment.