A Company's IT Application Portfolio Is

question 76

Multiple Choice

A company's IT application portfolio is

• A) A list of existing application the company owns.
• B) A list of applications that need to be updated.
• C) A list of applications that need to be removed.
• D) A list of applications that need to be replaced.
• E) A list of application to be added or modified.

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Definitions:

Value Chain

The major business functions that add value to a company's products and services, such as research and development, product design, manufacturing, marketing, distribution, and customer service.

Vertically Integrated

A business structure in which a company controls multiple stages of the production process, from raw materials to final product delivery.

Effective Utilization

The extent to which a company or system makes optimal use of resources, time, and capacity.

Defective Units

Products that fail to meet quality standards and are not fit for sale or use as intended.