Select an IT System That Addresses the Company's Key Success

question 39

Multiple Choice

Select an IT system that addresses the company's key success factors because

• A) every industry has the same key success factors.
• B) IT systems need to give a company an advantage in the areas most crucial to the success of the business.
• C) these elements do not determine whether or not a company is going to be successful.
• D) A and B only

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Definitions:

Required Rate of Return

The minimum rate of return on an investment that is acceptable to an investor or required to cover costs.

Cash Flow

The total amount of money being transferred in and out of a business, particularly affecting liquidity and overall financial health.

Capital Budgeting

The process of planning and managing a company's long-term investments in projects and assets.

Pre-tax Cash Flow

The amount of cash that a company generates before accounting for taxes, used in assessing financial performance.