When Purchasing Software or Developing In-House Software

question 114

Multiple Choice

When purchasing software or developing in-house software,

• A) cost should be the only factor.
• B) extensive testing of the software is generally not required.
• C) a team of both IT and non-IT personnel should be involved in the decision process.
• D) the librarian and the IT manager should be the only ones involved in the decision process.

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Definitions:

Grocery Store

A retail store that primarily sells food, both fresh and packaged, along with various household items.

Willingness To Pay

The maximum amount an individual is prepared to spend to procure a good or service.

Charge Customers

The act of requesting payment from consumers for goods or services provided.

Bundled Price

A pricing strategy where multiple products or services are sold together at a single, combined price, often at a discount to purchasing them separately.