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Case 3-2
Application software (apps) includes all the programs that allow you to perform specific tasks or applications on a computer. Individuals and businesses use software to write letters, keep track of finances, participate in videoconferences, watch videos, make business presentations, process orders, access Web-based resources, and many other tasks. In the following questions, identify the tasks of different application software.
Michelle wants an application program that can use formulas to perform calculations and organize numbers and values into rows and columns. Identify the application program that Michelle should choose.
Capital Stock
Refers to the total amount of physical goods and financial assets owned by a company that are used in producing goods or services.
Capital Production
The process of creating goods and services through the combination of labor, land, and capital.
Rich and Poor Countries
The classification of countries based on their economic status, with rich countries having high levels of income and wealth and poor countries having significantly lower levels.
Consumer Preferences
The particular goods and services that consumers demand, reflecting their tastes, desires, and needs.
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