What Is a Major Issue for Most Organizations When Planning

question 7

Multiple Choice

What is a major issue for most organizations when planning for information technology?

• A) whether to use computers
• B) whether to use consultants
• C) how advanced the system should be
• D) whether to protect employee privacy

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Definitions:

Production Function

A mathematical representation that describes the relationship between inputs used in production and the resulting output.

Output

The aggregate sum of products or services generated by a business, sector, or economic system.

Cost

The value of everything a company gives up to produce goods or services, including materials, labor, and overhead expenses.

Units

Standard measures or quantities used to specify or quantify an amount of something.