With This Kind of Conversion, a User Stops Using the Old

question 65

Multiple Choice

With this kind of conversion, a user stops using the old system and begins using the new system on a certain date. What is this kind of conversion?

• A) phased conversion
• B) direct conversion
• C) parallel conversion
• D) pilot conversion

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Definitions:

Risk-Averse

A description of an investor or decision-maker who prefers to avoid risks, favoring safer options over potentially higher but more uncertain returns.

Wealthy

Possessing a substantial amount of money, assets, or valuable resources, significantly above the societal average.

Private Information

Information that is not publicly available and is held privately by individuals or organizations, often leading to asymmetrical information in markets or negotiations.

Economic Inefficiency

A situation where resources are not allocated in the most beneficial manner, resulting in waste or a loss of potential gain.