When Choosing Off-The-Shelf Software,the Two Most Important Criteria Are Functionality

question 45

True/False

When choosing off-the-shelf software,the two most important criteria are functionality and ease of installation.

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Definitions:

Fixed Manufacturing Overhead

Costs related to manufacturing that do not change with the level of production, such as salaries of supervisors and rent for factory space.

Contribution Margin

The difference between sales revenue and variable costs of production, indicating how much revenue contributes towards covering fixed costs and generating profit.

Financial Advantage

The benefit or superiority that a business holds over its competitors in financial terms, such as higher profit margins or lower costs.

Purchasing Part

The process or activity involved in acquiring materials, components, or parts necessary for production or operation.