When Developing Information Systems, an Organization Could Use

question 34

Multiple Choice

When developing information systems, an organization could use:

• A) an information technology services firm.
• B) open-source software.
• C) cloud computing.
• D) in-house development.
• E) all of the above.

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Definitions:

Welfare Banks

Financial institutions focused on providing services and support to individuals in need, though not a widely recognized term in traditional finance.

Credit Unions

Member-owned financial cooperatives that provide savings, credit, and other financial services to their members.

Check-Cashing Stores

Businesses that offer check cashing services and other financial transactions, often serving underbanked communities.

Means of Payment

Various methods through which debts can be paid, ranging from physical currency to electronic transfers of funds.