www.bbcnoun.com.ng BUS401 10/10 1. Modernization refers to ―a variety of structural and institutional changes in the _______________ of economic activity. FRAMEWORK 2. The proposals of the New International ____________ Order stress the establishment of mechanism for the transfer of technology to LDCs based on the needs and conditions prevalent in them. Economic 3. It is important to recognize that foreign trade is of great importance to both developing and developed nations of the __________ WORLD 4. Computer includes information _______________ systems, whether networked or not TECHNOLOGY 5. The drawback of an open loop ______________ system is that it is incapable of making automatic adjustments. CONTROL 6. A data file is a named collection of related ____________ normally kept in external storage. RECORDS 7. Electronic commerce, or e-commerce, involves the use of electronic means to conduct _____________ online. BUSINESS 8. The primary duties of an IT architect are to ____________ and maintain computer networks. DESIGN 9. Due to small expenses incurred by a virtual shop small companies are confronting with one less barrier in penetrating the ________ already dominated by the large companies. MARKETS 10. Malware is ______________ that is intended to disrupt, damage or cause other software to malfunction or gain an unauthorized access into third party information SOFTWARE