Which of the Following Is Not an Advantage of Using

question 30

Multiple Choice

Which of the following is not an advantage of using a logical model?

• A) A system based on a logical model is more stable.
• B) The logical model helps the analyst understand the business being studied.
• C) It facilitates communication with the users.
• D) A logical model clarifies which processes are automated.

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Definitions:

Competitive Firm

A business entity in a market where it must take the prevailing market price as given, due to its inability to influence prices through its own actions.

Market Price

The present cost at which a product or service is available for purchase or sale in the market.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

State Licensing Fee

A mandatory charge paid to a state government for the issuance of a license to conduct a particular business or profession within that state's jurisdiction.