If a Company Decides to Buy or Lease an EC

question 34

Multiple Choice

If a company decides to buy or lease an EC application,the EC package's degree of ________ needs to be considered to evaluate the extent to which the package can be adapted and the willingness of the vendor to perform or support the adaptation.

• A)flexibility
• B)user friendliness
• C)usability
• D)proprietary software

---

Definitions:

Insurance Policy

A contract issued by an insurer to an insured, detailing the terms under which the insurer agrees to financially protect the insured against specific risks in exchange for premiums.

Indemnified

Protected against liability, loss, or damage, typically through a legal agreement where one party agrees to compensate another for any financial harm that arises.

Wagering Purposes

refers to the use of funds or resources for betting or gambling activities.

Co-Insurance

A type of insurance coverage in which the insurer and the insured share losses incurred according to a specified formula.