Examlex
Which of the following is a concern of the acquire and implement stage in the COBIT framework?
(i) How various IT solutions are to be acquired by the organisation and how well they map to existing organisational processes.
(ii) The selection and implementation processes that will provide complete assurance that any adopted system will work as intended once implemented and will communicate with existing systems.
(iii) The selection and implementation processes that will provide complete assurance that any adopted system can be put in place on time.
(iv) The selection and implementation processes that will provide complete assurance that any adopted system will meet the business needs.
Capital Equipment
Long-term assets acquired or used by a business for the production of goods and services, such as machinery, buildings, and vehicles.
Market Price
The current price at which an asset or service can be bought or sold in a given market, determined by supply and demand.
Equilibrium Quantity
The amount of a good or service that is supplied and demanded at the equilibrium market price.
Marginal Product
The additional output resulting from the use of one more unit of a factor of production.
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