Jennifer Is the Owner of a Start-Up Boutique That Specializes

question 58

Multiple Choice

Jennifer is the owner of a start-up boutique that specializes in hard-to-find dress sizes for women. She has been keeping her financial books by using Excel and by hand. She thinks it's time to buy an accounting package. What question does she need to answer first?

• A) How will the accounting package resolve my business problem?
• B) How much will the accounting package cost?
• C) What is the problem the accounting package must address?
• D) Who will benefit from the use of the accounting package?
• E) What is the effective operational life of the accounting package?

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Definitions:

Fill Orders

The process of completing customer orders by preparing and delivering the requested goods.

Environmental Stewardship

The responsible management and conservation of natural resources and the environment through sustainable practices.

Corporate Social Responsibility

A concept whereby organizations consider the needs of all stakeholders when making decisions.

Performance Measure

Indicators used to evaluate the efficiency, effectiveness, and success of an organization or its employees.