Which Is a Potential Advantage of Having an Application Developed

question 25

Multiple Choice

Which is a potential advantage of having an application developed by a business user,rather than an IS professional?

• A) The system requirements do not have to be explained to an IS analyst.
• B) If the system is a high priority for a business unit, it does not have to compete with other business units for IS personnel to work on it.
• C) Business managers have more control over the development costs for the application.
• D) all of the above

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Definitions:

Pure Rent

Income earned from owning a resource completely fixed in supply, with no additional production cost.

Fixed Supply

A situation where the quantity of a good available is constant and does not change with price.

Demand Determined

A characteristic of markets where the quantity of goods or services sold is primarily influenced by consumer demand.

Perfectly Inelastic

A market situation where the quantity demanded or supplied is completely unresponsive to price changes.