The Part of the IT Budget That Includes Spending on Business

question 29

Multiple Choice

The part of the IT budget that includes spending on business improvement initiatives to streamline processes and cut costs is called:

• A) operations costs.
• B) capital costs.
• C) strategic investments.
• D) staffing costs.
• E) application development costs.

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Definitions:

Heating Oil

A low viscosity, liquid petroleum product used as a fuel for furnaces or boilers in buildings.

Demand Curve

A graph depicting the relationship between the price of a good and the quantity demanded by consumers.

Quantity Demanded

The complete quantity of a product or service that buyers are ready and capable of buying at a certain price during a designated time frame.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers.