System Conversion Is the Process of Decommissioning the Current Way

question 11

True/False

System conversion is the process of decommissioning the current way of doing things and installing the new system in the organization.

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Definitions:

Economic Development

The process by which a nation improves the economic, political, and social well-being of its people, often through increased industrial activity and employment opportunities.

Labor

The human effort, both physical and mental, used to produce goods and services in an economy.

Capital

Refers to financial assets or the value of financial assets owned by a business or individual, including money, investments, and other tangible assets that can be used to create wealth.

Suburbanization

The process of population movement from within urban areas to the outskirts, leading to the expansion of suburban neighborhoods.