One of the Goals of Producing ________ Is to Validate

question 2

Multiple Choice

One of the goals of producing ________ is to validate the system design, including the data flow diagram and the data dictionary.

• A) process diagrams
• B) process databases
• C) process specifications
• D) production specifications

Recognize common approaches and reactions to implementing change within organizations.

Explain the significance of BATNA in negotiations and its role in determining negotiation outcomes.

Identify strategies for managing and overcoming resistance to change in organizational settings.

Understand the process of negotiation including the development of alternative deal packages and finding common ground.

---

Definitions:

Damage Cost

The monetary cost associated with the harm done to goods in an economy, which can result from disasters, accidents, or intentional acts.

Negative Externality

An adverse effect suffered by a third party as a result of an economic transaction in which they had no involvement.

Internalize

The process of incorporating the cost of externalities into the decision-making process of firms or individuals.

Marginal Social Cost

Marginal social cost is the total cost to society of producing an additional unit of a good, including both private costs and any external costs.