Systems Design

question 11

Multiple Choice

Systems design:

• A)determines whether a solution is feasible from a financial and organizational standpoint.
• B)shows how the new system will fulfill the information requirements.
• C)identifies which users need what information,where,when and how.
• D)is concerned with the logical view of the system solution.
• E)translates system specifications into software program code.

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Definitions:

Labor Productivity Growth

An increase in the output of goods and services per hour worked, which can lead to higher living standards and economic growth.

Real Wage

The purchasing power of wages, taking into account the impact of inflation, indicating how many goods and services wages can buy.

Nominal Wage

The wage or salary that is paid to workers in current dollars, without adjusting for inflation or purchasing power.

General Price Level

An indicator of the average prices of goods and services throughout an economy over a period of time, often used to measure inflation.