Among the Methods a Company Can Use to Help It

question 40

Multiple Choice

Among the methods a company can use to help it evaluate software and hardware systems from vendors,one way is to calculate and compare the processing times of different AIS to compare system performance.This is the __________ method.

• A)benchmark problem
• B)mandatory requirements
• C)point scoring
• D)requirements costing

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Definitions:

Intellectual Capital Equation

A formula used to assess the intangible assets of an organization, such as knowledge, skills, and intellectual property, which contribute to its value.

Competency

One’s personal talents or job-related capabilities.

Inefficiency

The lack of ability to accomplish an objective with the minimum expenditure of time and resources.

Cost of Production

Cost of Production refers to the total expenses incurred in manufacturing a product or delivering a service, including materials, labor, and overhead costs.