Case-Based Critical Thinking Questions Case 12-1 Tina Is Considering Purchasing

question 53

Multiple Choice

Case-Based Critical Thinking Questions Case 12-1 Tina is considering purchasing database software. She already has Microsoft Excel, which is spreadsheet software. Tina has a number of index cards filled with customer information from her home business. She wants to be able to input this data into her computer and search through it when necessary. Based on these criteria, Tina should ____.

• A) purchase database software because you can't search for data that meets specific criteria using the spreadsheet software that she already has
• B) purchase database software because it will allow her to build records based on her index cards and then filter specific data
• C) stick with the software that she already owns; Microsoft Excel allows you to search for data that meets specific criteria, and there is no need for Tina to spend more money on more complicated software
• D) find a new kind of software because both database and spreadsheet software are insufficient for her needs

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Definitions:

Joint Venture

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task, project, or any other business activity.

Contractual Agreement

A legally binding agreement between two or more parties, outlining obligations and rights.

Strategic Financial

Refers to financial decisions, planning, and activities that are aimed at achieving a company's strategic objectives.

Joint Venture Operation

A business arrangement where two or more parties agree to pool their resources for the purpose of accomplishing a specific task.