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What Is the Difference Between Vertical Market Software and Horizontal

question 12

Essay

What is the difference between vertical market software and horizontal market software? Provide at least one example of each kind of software.


Definitions:

Parole Officer

A law enforcement agent who supervises offenders who have been released from prison on parole, ensuring they comply with parole conditions.

Wealth

An abundance of valuable material possessions or resources; the total of all assets owned by an individual or organization minus liabilities.

Saving

The act of preserving financial resources for future use, often through mechanisms like bank accounts, investments, or pension plans.

Compensating Differential

A difference in wages that arises to offset the desirability or undesirability of a job due to its characteristics.

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