A Third External Source of Software Is ________,In Which a Firm

question 77

Short Answer

A third external source of software is ________,in which a firm contracts custom software development or maintenance of existing legacy programs to outside firms,frequently firms that operate offshore in low-wage areas of the world.

Understand the critical perspectives on androcentrism and objectified forms of knowledge.

Comprehend the sociological significance of lived experience as the starting point of inquiry.

Recognize the concept of extra-local social relations and its implications for understanding societal organization.

Grasp the intersectionality of race, gender, and class as foundational to identity and social dynamics.

---

Definitions:

Decrease in Supply

A situation where the quantity of a good or service that producers are willing to offer for sale at a given price level decreases.

Decrease in Demand

A reduction in the quantity of a good or service that consumers are willing and able to purchase at a given price range.

Equilibrium Price

The market price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of the good that consumers are willing to buy.