In the Early 1990s,firms Turned to Networking Standards and Software

question 169

Multiple Choice

In the early 1990s,firms turned to networking standards and software tools that could integrate disparate networks and applications throughout the firm.This describes the ________.

• A)General-Purpose Mainframe and Minicomputer Era
• B)Personal Computer Era
• C)Client/Server Era
• D)Enterprise Computing Era

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Definitions:

Stated Value

A fixed dollar amount assigned to each share of no-par stock, designated by the board of directors of a company.

Treasury Stock

Shares that were once a part of the outstanding shares but were bought back by the company and are now held in the company's treasury.

Cash Dividend

A distribution of profits by a corporation to its shareholders in the form of cash.

Treasury Stock

Shares that were issued and later reacquired by the company, reducing the amount of outstanding stock on the open market.