A Systems Building Approach in Which the System Is Developed

question 100

Multiple Choice

A systems building approach in which the system is developed as successive versions,each version reflecting requirements more accurately,is described to be:

• A)end-user oriented.
• B)prototyped.
• C)object-oriented.
• D)agile.
• E)iterative.

---

Definitions:

Trade

The exchange of goods, services, or both, between parties, either within an economy or between economies.

Price

The amount of money expected, required, or given in payment for something, reflecting its value, cost of production, and market demand.

Produced

The act of creating, manufacturing, or bringing into existence goods and services.

Consumer Surplus

The disparity between what consumers are prepared and can afford to spend on a product or service compared to the actual amount they end up paying.