According to the Research by Peter Weill, a Firm That

question 32

Multiple Choice

According to the research by Peter Weill, a firm that boosts investments in infrastructure is typical of those firms with a focus on (1) _______ and a firm that boosts investments in transaction systems is typical of those firms with a focus on (2) ______

• A) (1) transactions (2) connections
• B) (1) savings (2) expansion
• C) (1) cost (2) ability
• D) (1) agility (2) cost
• E) (1) ability (2) agility

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Definitions:

Inter Vivos Trust

A trust created by the grantor, settlor, and effective during the grantor’s lifetime – that is, a trust not established by a will.

Grantor

An individual or entity that creates a trust, transferring ownership of assets to the trust.

Beneficiary

A person or entity entitled to receive benefits or assets under a legal instrument, such as a will, trust, or insurance policy.

Trust

A fiduciary relationship in which one party, known as a trustee, holds the right to manage property or assets for the benefit of another party, the beneficiary.