Shadow Systems Are Managed by Individuals or Departments and Not

question 41

True/False

Shadow systems are managed by individuals or departments and not by the central IT staff in an organization.

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Definitions:

Debt And Equity

Financial instruments used by companies to finance their operations and growth, with debt involving borrowing money and equity referring to issuing stock to raise capital.

Entrepreneur

An individual who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so.

Initial Capital Requirements

The initial amount of money needed to start a business or investment, covering costs like equipment, inventory, and leasing.

Long-Term Assets

Are resources or investments owned by a company expected to provide value for more than one year, such as land, buildings, machinery, and intellectual property.