The Expenses and Risks Associated with the Implementation or Upgrading

question 92

Multiple Choice

The expenses and risks associated with the implementation or upgrading of enterprise systems arise from the ________.

• A) need for encrypting a company's data before an enterprise system can use the data
• B) lack of resources within a company to handle the implementation of the system
• C) lack of variety in the enterprise systems currently being sold in the market
• D) resistance from a company's employees to changes in existing systems

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Definitions:

Partnership Agreement

A legal document that outlines the terms and conditions among business partners regarding their business engagement.

Annual Profit

The amount of money a business earns in one year after all expenses have been deducted from its total revenue.

Investment

Allocating monetary assets with the aim of achieving returns or generating revenue.

Property Taxes

Taxes levied by local government on real estate properties, based on the assessed value of the property.