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TEA [102]
2 years ago
8

One advantage of proprietary software versus off-the-shelf software is that _____.

Business
2 answers:
Serjik [45]2 years ago
6 0

(C) the software provides a company a competitive advantage by solving problems in a unique manner

Proprietary software is a special software designed for a specific application and owned by the organization, firm or individual that uses it. Proprietary software can give an organization leverage over competitors, by solving problems in a unique manner, however, off-the-shelf software is mass produced software used by several other organizations, thereby giving other organizations simple and identical problem-solving technique.


EastWind [94]2 years ago
6 0

Answer

The advantage of proprietary software versus off-the-shelf software is option C “the company provides a competitive advantage by solving the problem in a unique manner ‘’.

Explanation

Proprietary software are those kinds of software that are owned by an individual or a company for its usage. The off-the-shelf software on the other hand, refers to the kind of software that are bought by the company from the vendor.  

Further Explanation

The proprietary software gives the advantage to an organization to utilize the software as per its own needs and utility. There is always a scope of modification as per the required need of the organization and hence they are unrestricted from carrying out their own way.  

On the other hand, the off-the-shell software is bought from the vendor and there exists no scope for modifications or innovations. The terms and agreements are dictated to which both the organization concerned and vendor mutually accepts and adhere.

 Furthermore, the software used by the concerned organization is also likely used by the competitive organizations which brings both the organizations at the same level as far as the features of the software are concerned. By implying the usage of the proprietary software, an organization gains a competitive advantage by tailoring the software as per the need and requirement.

Learn More:

  • Access to the source code of proprietary  software,  brainly.com/question/6205182, Answered by LearnGrow  
  • Which of the following is an advantage of using proprietary licensed software,  brainly.com/question/11357701  , Answered by Brainly User

Keywords

Proprietary software and off- the shelf software, advantages of the proprietary software, difference between proprietary and off- the- shelf software, importance of software for an organization.

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xxMikexx [17]

Answer: Radial Autos should pursue Backward Integration.

Explanation: Backward integration is the process in which a company purchases or internally produces segments of its own supply chain. Simply put, it is when a company acquires and controls certain inputs that could be utilized in the process of manufacturing its products or services.

This is a competitive strategy, because it lowers the cost of production and this will reflect in the price of the final product.

This is the strategy that Radial Autos should pursue in order to lower cost and reduce risk in interruption of the supply component, because in adopting this strategy, they will have total control over the inputs they use in production.

8 0
3 years ago
Read 2 more answers
Baker Corp. is required by a debt agreement to maintain a current ratio of at least​ 2.5, and​ Baker's current ratio now is 3. B
Orlov [11]

Answer:

$1.67 Million

Explanation:

Current asset = 15 Million    

Current liabiltiy = 15 Million/3

                          = 5 Million    

Let the inventory X can be purchased with short term debt without violation

per current ratio requirement    

(15 + x)/5+x = 2.5    

       15 + x  = 12.5 + 2.5x    

            2.5 = 1.5x    

               x = $1.67 Million

Therefore, $1.67 Million inventory can Baker purchase without violating its debt agreement if their total current assets equal​ $15 million

7 0
3 years ago
Zack developed software that helps farmers to plow their fields in a manner that prevents erosion and maximizes the effectivenes
Reil [10]

Answer:

$60,000 or $12,000

Explanation:

1. Since Zack expects Sparky to use the developed software for a period of five years, we could assume that the revenue for the first year of the contract would be $60,000.

2. Or if we Spread out the average revenue for a period of five years from the licensing fee, 60,000 / 5 (years) would give us 12,000 dollars per year.

5 0
2 years ago
What is a trade off?
bezimeni [28]

a balance achieved between two desirable but incompatible features; a compromise.

"a trade-off between objectivity and relevance"

6 0
3 years ago
On July 1, 2020, Indigo Co. pays $9,400 to Sweet Insurance Co. for a 2-year insurance policy. Both companies have fiscal years e
aliya0001 [1]

Answer:

Explanation:

The journal entries are shown below:

On July 1

Prepaid insurance A/c Dr $9,400

    To Cash A/c $9,400

(Being the prepaid insurance for cash is recorded)

On December 31

Insurance expense A/c Dr $2,350

         To Prepaid insurance A/c $2,350

(Being the insurance expense is recorded)

The computation is shown below:

= Prepaid insurance amount ÷ number of years × number of months ÷ total number of months in a year

= $9,400 ÷ 2 years × 6 months ÷ 12 months

= $2,350

6 0
3 years ago
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