The Type of Metric That Ties the Work of IT

question 16

Multiple Choice

The type of metric that ties the work of IT to external customer satisfaction, and financial performance is called a/an:

• A) enterprise measure.
• B) functional measure.
• C) project measure.
• D) satisfaction measure.

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Definitions:

Cobb-Douglas Utility Function

A specific form of utility function used in economics to represent preferences, where utility is derived from a combination of goods, typically modeled with constants representing the elasticity of substitution between those goods.

Real Interest Rate

The interest rate that has been adjusted to remove the effects of inflation, reflecting the real cost of borrowing.

Consumption

The action of using up a resource or goods, often referring to the rate at which consumers purchase and use products and services.

Real Rate of Interest

The rate of interest an investor expects to receive after adjusting for inflation, indicating the real cost of borrowing.