The EDP Era

question 20

Multiple Choice

The EDP era

• A) Began in the early 1980s with the personal computer
• B) Began in the 1960s when large organizations first purchased a centralized mainframe or minicomputer.
• C) Began in the 1990s when many organizations sought to regain control of the IT deparment and hired a Chief Data Processing Officer
• D) Is credited to the U.S. Navy when it used a project management approach to manage the Polaris missile project.
• E) Began in the late 1960s and early 1970s with a defense project called ARPANET that eventually led to the Internet.

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Definitions:

Fees and Commissions

Earnings or charges based on transactions or services provided, typically in financial services, real estate, or sales sectors.

Sales Promotion Agency

A company specializing in the creation and execution of promotional activities designed to increase sales and enhance brand recognition.

Behavioral Segmentation

The division of a market into groups based on consumer behaviors and purchasing decisions, allowing for more targeted marketing strategies.

Over 40 Weeks

A phrase indicating a time span longer than 40 weeks, often used in contexts such as project timelines, pregnancy, or financial performance tracking.