What Is a Major Problem with "Canned Software

question 60

Multiple Choice

What is a major problem with "canned software"?

• A) A commercial software development company has developed it.
• B) Canned software is sold on the open market to a broad range of users with similar requirements.
• C) Canned software may not meet all of a company's information or data processing needs.
• D) Canned software may offer easy availability and lower costs.

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Definitions:

Managing Director (MD)

The senior-most executive in an organization or business, typically responsible for strategy, decision-making, and day-to-day operations.

Board of Directors

A group of individuals elected by shareholders to oversee the activities and direction of a corporation.

Financial Performance

A measure of how well a company is using its assets to generate profits, often analyzed through financial statements like the income statement and balance sheet.

Disaggregate

To break down into smaller components or elements for analysis or examination.