Match Each of the Following Terms with Its Description

question 46

Multiple Choice

Match each of the following terms with its description.
-Things that must be true before a use case can start.

• A)stakeholder
• B)preconditions
• C)minimal guarantee
• D)success guarantee
• E)trigger
• F)extension

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Definitions:

Estimating Demand

The process of forecasting the potential market demand for a product or service based on various factors like market trends, consumer behavior, and historical data.

Price-Setting Process

The approach or methods used by businesses to determine the selling price of their products or services, taking into account costs, demand, and competitive prices.

Market Segmentation

The practice of segregating a market into unique segments of consumers with diverse needs, attributes, or actions who may need different products or marketing tactics.

Cost-Volume-Profit

An accounting method used to determine the effects of changes in costs and volume on a company's profits.