For Complex Models,analysts Can Choose Computer-Based Modeling Tools That Use

question 46

Multiple Choice

For complex models,analysts can choose computer-based modeling tools that use _____,which includes standard shapes and symbols to represent events,processes,workflows,and more.

• A) electronic data interchange (EDI)
• B) joint application development (JAD)
• C) business process modeling notation (BPMN)
• D) rapid application development (RAD)

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Definitions:

Share Of Wallet

The proportion of a customer's total spending that is captured by a business.

Purchase Rate

The frequency at which customers buy a particular product or service within a specific time period.

Cross Buying

The practice where customers purchase additional different products or services from the same company.

Staircase Analysis

A method for evaluating the progressive steps or stages in a process, such as customer conversion or product development, to identify improvements.