One of the Disadvantages of Proprietary Software Is That

question 61

Multiple Choice

One of the disadvantages of proprietary software is that:

• A) it is hard to control results even if one is involved in the development of software.
• B) it is difficult to achieve what is required in terms of features and reports.
• C) it does not allow modification of features
• That one might need to counteract an initiative by competitors.
• D) it can take a long time and significant resources to develop the required software features.

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Definitions:

Comparison Universe

A benchmark or set of comparable entities or investments used to evaluate the performance of a particular asset or portfolio.

Portfolio Returns

The gains or losses realized by an investment portfolio over a specified period of time, reflecting the total investment performance.

Managers

Managers are individuals in an organization responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, department, or an entire company.

Style

In investing, refers to the distinctive characteristics or approach of an investment, such as growth, value, or income.