Because of the Obvious Linkage with the Business, There Is

question 6

True/False

Because of the obvious linkage with the business, there is a tendency for the identification of key IT capabilities to result in a list that is much more business-speak than IT-speak.

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Definitions:

Patent

A government-granted exclusive right for an invention, giving the patent owner the right to exclude others from making, using, or selling the invention for a certain period.

Net Income

Net income is the total earnings of a company after subtracting all expenses, taxes, and losses, indicating the company's profitability during a specific time period.

Fair Value

The amount it would take to sell an asset or transfer a liability in a regulated deal between parties in the market at the time of evaluation.

Operating Income

Earnings from a company's core business operations, excluding deductions of interest and taxes.