Finding the Best Solution to a Business Problem or Opportunity

question 70

True/False

Finding the best solution to a business problem or opportunity describes the attention to details characteristic that a systems analyst should exhibit during the requirements determination phase.

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Definitions:

Value Creation

The process through which businesses or organizations produce goods or services that are worth more than the cost of resources used, ultimately benefiting customers, stakeholders, or society.

Value Chain Management

The strategic analysis and optimization of the series of steps that a company takes to deliver a product or service to the market.

PERT

Project Evaluation and Review Technique, a planning and control tool for managing complex projects.

Continuous Analysis

The ongoing assessment and examination of data or processes to inform decision-making and improve outcomes.