Which of the Following Is a Characteristic of Enterprise Information

question 70

Multiple Choice

Which of the following is a characteristic of enterprise information systems?

• A)They typically have hundreds to thousands of users.
• B)They are shared between two or more independent organisations.
• C)They do not document procedures since the procedures are simple and informal.
• D)They are highly open to change.

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Definitions:

Income and Wealth

Income refers to the flow of money received, typically on a regular basis, while wealth represents the accumulation of valuable resources or assets.

Cost Control

The practice of managing and monitoring expenses to keep them within the defined budget, ensuring that a project or operation remains financially viable.

Product Life Cycle

Refers to the progression of a product through different stages from introduction to growth, maturity, and eventually decline.

New Product

A good, service, or idea that has recently been introduced to the market, offering new benefits or satisfying newly identified needs or market niches.