Exercises · Q9
Q.Distinguish between Readymade, Customised and Tailor-made accounting software.
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Start your 14-day free trial to unlock the full solution →| Basis | Readymade | Customised | Tailor-made |
|---|---|---|---|
| How obtained | Bought off-the-shelf, as-is | Readymade package, then modified | Built from scratch for one organisation |
| Cost | Lowest | Moderate | Highest |
| Time to start using | Immediate | Some development time needed | Longest development time |
| Fit to specific needs | General/standard | Partial — some specific needs met | Exact fit to that organisation |
| Suited to | Small businesses with standard needs | Medium/large businesses with a few special needs | Large organisations with unique requirements |
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