The Chapter Outlines Three Steps in Developing an Effective Global

question 17

Multiple Choice

The chapter outlines three steps in developing an effective global system solution. Which of the following is not one of these steps?

• A) Identify outdated legacy systems to be replaced.
• B) Identify the core systems to coordinate centrally.
• C) Choose a developmental approach, incremental, evolutionary, or other.
• D) Define the core business processes.

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Definitions:

Consumption Function

An economic formula representing the functional relationship between total consumption and gross national income.

Aggregate Income

The total income earned by all individuals and entities within an economy.

Aggregate Consumption

The total amount of goods and services consumed in an economy within a given period.

Consumption Function

A mathematical expression describing the association between gross national income and the total amount spent on consumption.