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What Is the Overall Process for Developing Information Systems, from Planning

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What is the overall process for developing information systems, from planning and analysis through implementation and maintenance?


Definitions:

Premium

An amount paid for an insurance policy or added to the regular price of something.

Diversification

The strategy of spreading investments across various financial instruments, industries, or other categories to reduce risk.

Investment

entails the allocation of resources, usually money, into assets or projects expected to generate returns or profits over time.

Risk

The exposure to uncertainty or the potential of loss that can occur as a result of an investment's actual return differing from the expected return.

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