Advantages of Purchasing a Software Package Over Developing Software In-House

question 81

Multiple Choice

Advantages of purchasing a software package over developing software in-house include all of the following EXCEPT ____.

• A)satisfaction of unique business requirements
• B)lower costs and less time to implement
• C)proven reliability and performance benchmarks
• D)less technical development staff

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Definitions:

Risk-Adjusted Performance

A measure of how much risk is involved in producing a financial return, used to compare the performance of investment portfolios.

Comparison Universe

A benchmark or pool of investments used to evaluate the performance of a specific investment or portfolio.

Mutual Funds

Professionally managed investment initiatives that are bankrolled by stockholders and trade across assorted holdings.

Astronomy

The scientific study of celestial objects, space, and the physical universe as a whole, beyond Earth's atmosphere.