Instability in Technology

question 17

Multiple Choice

Instability in technology

• A) used to be a major problem, but such problems now are largely a thing of the past.
• B) still exists, but could be easily eliminated if firms would upgrade to newer equipment and software.
• C) remains a serious problem that is caused by a variety of factors.
• D) still exists, but its impact on business is greatly exaggerated by the media.

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Definitions:

Property Value

Typically refers to the monetary worth of a real estate property, established for the purpose of taxation or sales.

Compounded 12 Times Per Year

Refers to the process of applying interest to an original amount of money, with the interest being calculated and added twelve times in a year.

Compounded 365 Times Per Year

A term used in finance to indicate that interest is calculated and added to an account's balance 365 times in one year, or daily.

Composition

The process or result of combining two or more functions by applying one function to the result of the other.