Which Stage of IT Architecture Maturity Seeks to Both Achieve

question 23

Multiple Choice

Which stage of IT architecture maturity seeks to both achieve the flexibility needed by local business units and to retain enterprise-wide standards,such as with ERP systems,for a multinational firm?

• A) Application Silos
• B) Standardized Technology
• C) Rationalized Data and Process
• D) Modularity

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Definitions:

Inelastic Demand

A situation in which the demand for a product does not change significantly when the price of the product changes.

Elastic Demand

A situation in which the demand for a product is sensitive to price changes, meaning a small price change can cause a large change in quantity demanded.

Airline Prices

The cost of air travel tickets, influenced by factors such as fuel prices, demand, seasonality, and market competition.

Price-Inelastic

Describes a situation where the demand for a good or service changes little in response to changes in price.