The Purchase of a New 'Off the Shelf' Program Reduces

question 47

Multiple Choice

The purchase of a new 'off the shelf' program reduces the risks as;

• A)There is an ease in adapting the software for the companies reporting needs.
• B)The business will adjust to meet the new software needs.
• C)The software has been tested before being made available for sale.
• D)There is no risk of date being lost in transition to the new system.

---

Definitions:

Equity Pie

A metaphorical representation of the division of ownership among the founders and investors of a startup, indicating their respective shares.

Contributions

Voluntary gifts or payments to support a cause, project, or organization, often reflecting philanthropic intentions.

Venture Growth

The process of expansion and scaling of a startup or early-stage company, involving increases in sales, products, market reach, or team size.

Research and Development

The investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.