Smartco Is a Medium-Sized Business Interested in Creating an Online

question 85

Multiple Choice

Smartco is a medium-sized business interested in creating an online accounting system.The company does not have enough money to buy the entire required infrastructure.Which route could it take?

• A)outsourcing
• B)on-demand computing
• C)partnership
• D)merger acquisition

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Definitions:

Times Interest Earned

A financial ratio that measures a company's ability to meet its debt obligations based on its income before interest and taxes.

Current Ratio

A financial metric that compares a company's current assets to its current liabilities, indicating the liquidity and short-term financial health of the business.

Progressive Discipline System

A structured approach to dealing with employee behavioral issues that progressively increases in severity.

Past Experience

Refers to the events or interactions an individual or organization has encountered before the current moment, which can serve as a learning tool or guide for future actions.