Examlex
The third phase in the SDLC is planning and in this phase the analyst thoroughly studies the organization's current procedures and the information systems used to perform organizational tasks.
Corporate Consolidation
The process where companies merge or are acquired, leading to a reduction in the number of companies in an industry and often increasing the market power of the remaining firms.
Work Force
The total number of a country's population who are employed or actively seeking employment.
Union Movement
A social and political movement that advocates for the rights and interests of workers, often through the formation and operation of labor unions.
Industrial Growth
The increase in production and economic scale within the industrial sector, leading to the expansion of industries and manufacturing capabilities.
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