D ifferentiate between 'Generic Software' and 'Tailored Software' on any three basis.

Any three of the following differences: Basis Generic Tailored $\displaystyle 1$ Nature of business Small, Large, typical Conventional business business $\displaystyle 2$ Cost of installation and Maintenance Low High $\displaystyle 3$ Expected level of secrecy Low Relatively high $\displaystyle 4$ No. of users and their interface Limited Unlimited $\displaystyle 5$ Linkage to other information system Restricted Yes $\displaystyle 6$ Adaptability High Specific $\displaystyle 7$ Training requirements Low High