An Information Systems Plan Contains a Statement of Corporate Goals

question 21

True/False

An information systems plan contains a statement of corporate goals and specifies how information technology will support the attainment of those goals.

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Definitions:

Rate of Return

A measure of the gain or loss on an investment relative to the amount of money invested.

Bond Investors

Individuals or entities that invest in bonds, which are debt securities issued by corporations or governments to raise funds.

Principal

The original amount of money invested or loaned, before interest, or the leader of an educational institution.

Interest Rate

The percentage at which interest is paid by a borrower for the use of money that they borrow from a lender, crucial in financial and monetary policies.