Examlex

Solved

A Piece of Software You Use Is Privately Owned and Limited

question 166

Multiple Choice

A piece of software you use is privately owned and limited to a specific vendor. What is the term for this kind of software?


Definitions:

Vertical Integration

A strategy where a firm expands its operations into different stages of production or distribution within the same industry.

Strategic Alliance

A formal pact made between multiple parties to achieve common aims, notwithstanding their continuing independence as organizations.

Acquisition

The process of obtaining control of another company by purchasing it or merging with it.

Achieving Legitimacy

The process of gaining acceptance, credibility, and recognition within a particular context or among a specific audience.

Related Questions