Discuss how an organization can develop custom software
What will be an ideal response?
Answer: Custom software can be developed and written in-house. Many organizations develop their own software because their requirements are unique or their size and complexity necessitate the creation of a custom package. Specific applications or functions can often be developed in-house by end-users. End-users can use spreadsheet or database software programs to create reports, perform "what-if" analysis, prepare depreciation schedules, or prepare budgets. Alternatively, third-party developers can be contracted to develop custom software for an organization. Custom software should only be developed when it results in a distinct, competitive advantage to the organization.
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Infant-industry protection requires some segment of the economy to incur the higher costs when local production is inefficient
Indicate whether the statement is true or false