Identify Two Distinctions Between Software Engineering and Other Traditional Fields

question 38

Essay

Identify two distinctions between software engineering and other traditional fields of engineering.

Recognize the impact of product development decisions on a company's market share and sales volume.

Identify various stages of a product’s life cycle and the strategic approaches during each stage.

Define and differentiate between product line and product mix.

Distinguish between goods and services within marketing contexts.

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Definitions:

Financing Activities

Transactions a company engages in to finance its operations and expansions, such as issuing equity, taking on debt, or repaying loans, reported in the cash flow statement.

Dividends

Payments made by a corporation to its shareholder members, typically distributed from profits.

Capital Expenditure

Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, or equipment.

Dividend Increase

An increase in the amount of payment made by a corporation to its shareholders, usually realized when the company has achieved additional profits.