The Purpose of This Step in the Systems Analysis Phase

question 25

Multiple Choice

The purpose of this step in the systems analysis phase is to determine whether the problem or deficiency in the current system really exists and to make a "go"€ or a "no-go" decision.

• A)Survey of the Current System
• B)Determination of User Information Needs
• C)Business Process Reengineering
• D)Preliminary Investigation

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Definitions:

Supply

The total amount of a specific good or service available for purchase at any given price in a market.

Carry Trade

A financial strategy that involves borrowing at a low-interest rate and investing in an asset that provides a higher return.

Depreciates

The process by which an asset loses value over time, typically due to wear and tear or obsolescence.

Exchange Rate

The value of one currency for the purpose of conversion to another, determining how much foreign currency can be exchanged for a unit of domestic currency.