Which of the Following Is Not One of the Major

question 5

Multiple Choice

Which of the following is not one of the major tasks of IT steering committees?

• A)Enforce SLAs and other contracts
• B)Allocate scarce resources
• C)Set and evaluate performance metrics
• D)Make staffing decisions

---

Definitions:

Expanding Plant

The process of increasing the size or capacity of a manufacturing or production facility.

Product Price

The financial outlay necessary to acquire a certain item or service.

Competitive Firm

A business that operates in a market where it has multiple competitors, and no single firm can influence the market price of goods or services.

Short Run

A time period in economics where at least one input is fixed, restricting the ability to adjust production levels fully.