Entrepreneurship and Small Business (ESB) Certification Practice Exam

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What is one significant characteristic of prebuilt software?

It is fully customized for user needs
It has a subscription fee
It offers limited functionality
It requires user development skills

The correct answer is: It has a subscription fee

A significant characteristic of prebuilt software is that it typically involves a subscription fee. This pricing model allows users to access the software for a period of time in exchange for periodic payments. Subscription fees can cover updates, maintenance, and support, which are often bundled with the software itself, ensuring that users always have access to the latest features and security patches without the need for a large upfront investment. While some prebuilt software solutions may offer customizations, they are generally designed to serve a wide range of user needs out of the box rather than being fully tailored to specific requirements. Prebuilt software also aims to deliver comprehensive functionality rather than being limited, as the objective is to cater to various users effectively. Additionally, prebuilt solutions are developed to be user-friendly, minimizing the need for users to have advanced development skills, which contrasts with custom software development requiring significant user involvement.