Senior Executives and Managers Know About Their Data Silos and Information

question 163

True/False

Senior executives and managers know about their data silos and information management problems,but they also know about the huge cost and disruption from converting to newer IT architectures.

---

Definitions:

Product Price

The amount of money required to purchase a specific good or service offered in the market.

Units of Output

Measures the quantity of production or goods produced by a firm or industry during a given time period.

Purely Competitive Market

A market structure characterized by many sellers and buyers, homogeneous products, and easy entry and exit, leading to a situation where no single participant has market control.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of output or production in a business.