Examlex

Solved

Today, Software Comprises a Larger Percentage of the Cost of Modern

question 42

Multiple Choice

Today, software comprises a larger percentage of the cost of modern computer systems than it did in the early 1950s. Which of the following reasons account(s) for this development?


Definitions:

Acquiring Firm

A company that purchases a majority interest in another company to take control of it.

Parent

A company that holds a controlling interest in one or more subsidiaries, or an individual who has a child.

Subsidiary

A company that is controlled by another company, known as the parent company, through majority share ownership.

Diversification

A risk management strategy that mixes a wide variety of investments within a portfolio to minimize the impact of any single asset's performance.

Related Questions