The Goal of Systems Design Is to

question 99

Multiple Choice

The goal of systems design is to

• A) determine when to implement a system
• B) meet user needs
• C) determine the size of the competitor's system
• D) make changes to the present system

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability in a set of data points or distributions.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given budget at fixed prices.

Risky Asset

A financial instrument or investment that has a high degree of uncertainty regarding its returns or potential for loss.