In the ______________________________ Approach to Systems Implementation, Both the New

question 71

Short Answer

In the ______________________________ approach to systems implementation, both the new and old systems operate together for a period of time.

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Definitions:

Peripheral Activities

Operations or tasks that are not central to the main business or objectives of an organization, but may still generate revenue or provide support.

Cash Dividend

A payment made by a company out of its earnings to shareholders in the form of cash.

Retained Earnings

The portion of net income left over after dividends have been distributed to shareholders, reinvested into the company.

Board of Directors

A group of individuals elected by shareholders to oversee the management and make strategic decisions for a corporation.