Software Is Divided into Two Classes: Utility and Application Software

question 8

True/False

Software is divided into two classes: utility and application software.

Understand the components and purposes of different types of business plans (operational, strategic, budgeting, and forecasting).

Distinguish between the roles of budgeting and forecasting in business planning.

Recognize the audiences for business plans and their expectations.

Identify and evaluate the elements crucial for the success of business plans in competitive environments.

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Definitions:

Demanded

Expressed or signaled an urgent need or desire for something to be provided or performed.

1990s

The decade spanning from January 1, 1990, to December 31, 1999, marked by significant global events and cultural shifts.

Restructuring

In problem-solving and learning, refers to the process of changing the framework of understanding a problem or concept, often leading to insights or solutions.

Academic Standards

Established benchmarks of achievement for students’ learning that define knowledge, skills, and competencies expected at certain grade levels.