Which of the Following Statements Is TRUE of Systems Development

question 38

Multiple Choice

Which of the following statements is TRUE of systems development for bigger systems and longer projects?

• A) The diseconomies of scale are reduced.
• B) The changes in requirements are increased.
• C) The average contribution per worker is increased.
• D) The project budgeting and scheduling becomes easy.

Identify the corridor principle and its significance in expanding business opportunities.

Comprehend the importance of research, intuition, and personal experience in evaluating business opportunities.

Acknowledge the sources and methods of developing a competitive advantage in business.

Understand the impact of customer service and quality products on competitive advantage.

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Definitions:

Wisdom of Crowds

The concept that large groups of people are collectively smarter in some respects than individuals or small groups, especially in terms of problem-solving, decision-making, or predicting outcomes.

Viral Marketing

A marketing strategy that encourages individuals to share a marketing message to others, creating potential for exponential growth in the message's exposure and influence.

Media Multiplexity

The theory that relationships are maintained over various forms of media, and the strength of these relationships can be measured by the number of media platforms used.

Connectivity

The state or quality of being connected or interconnected, often used in reference to technology, networks, and communication systems.