________ Specify Insurance Rates Based on Classifications of Businesses

question 4

Short Answer

________ specify insurance rates based on classifications of businesses.

Understand the implications of IT decisions on organizational efficacy.

Recognize the significance of technological frameworks and environments in development, like containers and object-oriented development.

Acknowledge the impact of database design and IT infrastructure on an organization's longevity.

Understand the importance of IT planning and justification in organizations of all sizes.

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Definitions:

Philanthropic Nonprofit Organizations

Entities dedicated to advancing welfare or social causes without the intent of making a profit for their owners or shareholders.

Purely Philanthropic

Activities or initiatives completely driven by a desire to promote the welfare of others, typically characterized by voluntary financial donations without expectation of any return.

Third Sector

A term used to describe the segment of society that encompasses nonprofit organizations, charities, and voluntary groups which operate independently from the government and the private sector.

Tax-Exempt Sector

Part of the economy made up of organizations that are exempt from paying federal and/or state income taxes, typically including charities, religious organizations, and other nonprofits.