Which of the Following Statements Is True About the Management

question 10

Multiple Choice

Which of the following statements is true about the management and use of information systems?

• A)An employee must be a programmer to manage information systems.
• B)Information systems must be adapted to new requirements.
• C)Information systems need not be maintained after development.
• D)Organizations with dynamic business environments do not use information systems.

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Definitions:

Perfectly Inelastic

Describes a situation where the quantity demanded or supplied does not change despite changes in price.

Excise Tax

A tax imposed on the sale of specific goods and services, such as tobacco, alcohol, and gasoline.

Marginal Rate

The rate at which the cost or value of something changes with a one-unit increase in quantity or production.

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year.