Which of the Following Is an Advantage of the Bottom-Up

question 76

Multiple Choice

Which of the following is an advantage of the bottom-up planning approach?

• A)By using the bottom-up approach,a broader perspective can be achieved.
• B)IS plans can be created faster and are less costly to develop than using the top-down approach.
• C)By using the bottom-up approach,planners may gain the understanding necessary to implement information systems across the entire business.
• D)By using the bottom-up approach,planners will have sufficient management acceptance of the role of information systems in helping them achieve business objectives.

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Definitions:

Cyclical Unemployment

When people are out of work because the economy is operating below the full-employment level. It rises sharply during recessions.

Classical Economists

Economists from the late 18th and early 19th centuries who focused on the development of concepts like supply and demand, and the invisible hand theory.

Market Economy

A type of economic system where supply and demand determine the production of goods and services with minimal government intervention.

Prices

The amount of money required to purchase a good or service, determined by factors like supply and demand, production costs, and competition.