The Disadvantage of the Four-Model Approach Is That ____

question 63

Multiple Choice

The disadvantage of the four-model approach is that ____.

• A) it gives an unclear picture of the current system functions before any modifications or improvements are made
• B) the requirements of a new information system always are different from the current information system
• C) additional time and money are required to develop a logical and physical model of the current system
• D) it does not take additional steps to avoid mistakes made earlier in systems development

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Definitions:

Oligopoly

A market structure characterized by a small number of firms whose behavior is interdependent.

Decision Making

The process of choosing among alternatives to achieve a goal or solve a problem.

Herfindahl-Hirschman Index

A measure used to determine the level of competition within a market, calculated based on the sum of the squares of market shares of all firms within the market.

Market

A place or system in which commercial transactions occur between buyers and sellers for goods, services, or financial assets.