Computer Systems in the 1960s and Early 1970s Were Typically

question 50

Multiple Choice

Computer systems in the 1960s and early 1970s were typically designed around a specific departmental need and did not interface very well. These systems were designed to support:

• A) The functional perspective.
• B) The entire enterprise.
• C) The silo perspective.
• D) Incremental change.
• E) Social IT and mobile needs.
• Ans; c

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Definitions:

Short Position

The investment strategy of selling borrowed securities or assets with the expectation that their prices will decline, allowing them to be bought back at a lower price for a profit.

Profit

The income earned when the total revenue from business activities surpasses all related expenses, costs, and taxes.

Clearinghouse

A financial institution that provides clearing and settlement services for financial and commodities derivatives and securities transactions.

Exercise

In finance, it refers to the act of executing one's right to buy or sell the underlying asset in options trading.