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The Process of Making Changes to an Information System to Evolve

question 49

Multiple Choice

The process of making changes to an information system to evolve its functionality,to accommodate changing business needs,or to migrate it to a different operating environment is known as ________.


Definitions:

Flat Fee

A pricing structure where a single fixed charge is applied for a service, irrespective of usage or time required.

Intangible Benefits

These are advantages that cannot be easily measured in monetary terms, such as brand reputation or employee morale.

Discount Rate

The rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the opportunity cost of capital.

Salvage Value

The estimated residual value of an asset at the end of its useful life, important for calculating depreciation.

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