Which Strategy Might Cause Problems During Implementation of a New

question 45

Multiple Choice

Which strategy might cause problems during implementation of a new information system?

• A)Once the committee has given information to the vendor regarding system needs, a small addition is requested.
• B)An open system is set up such that software upgrades can be implemented quickly and easily.
• C)The vendor is asked to fully customize the information system for a specialty organization.
• D)The committee verifies that the vendor provides annual maintenance with an additional contract.

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Definitions:

Cash Flow

The comprehensive tally of funds being shuffled in and out of a corporation, impacting its short-term financial stability.

Creditors

Individuals, businesses, or financial institutions that have lent money or extended credit and are owed repayment of the debt.

Book Value

The net value of a company's assets, minus its liabilities and intangible assets such as goodwill.

Shareholders' Equity

The residual interest or ownership value remaining in a company's assets after deducting liabilities, representing the shareholders' stake in the company.