What are the drawbacks of developing custom application software for an organization?
What will be an ideal response?
Custom development is difficult and risky. Staffing and managing teams of software
developers is challenging. Managing software projects can be daunting. Many organizations
have embarked on application development projects only to find that the projects take twice as
long, or longer, to finish than planned. Cost overruns of 200 and 300 percent are not uncommon
while developing custom application software.
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Given the following data (Ignore income taxes.): Cost of equipment$48,680 Annual cash inflows $10,000 Internal rate of return 10%Refer to Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using the tables provided.The life of the equipment must be:
A. 6 years B. 5 years C. 7 years D. It is impossible to determine from the data given
Which of the following is true about balancing positive and negative emotions?
A. Positive experiences activate a survival orientation. B. We should have one negative emotion for each positive emotion we experience. C. Our brains actually look more for positive information over negative during daily activity. D. We should try to eliminate all our negative emotions. E. Ideally, we should try to have more positive experiences than negative.
Which of the following refers to concepts measured with multiple variables?
A. operation B. construct C. concept D. scale
ETFs vary significantly from mutual funds by way of trading, fees, and what else?
A) Size B) Expertise C) Decline Rate D) Tax Consequences E) Growth Rate