In the _____ Phase of the Systems Development Life Cycle

question 21

Multiple Choice

In the _____ phase of the systems development life cycle (SDLC) , a problem is defined and alternatives are generated for solving it.

• A)planning
• B)requirements-gathering and analysis
• C)designing and prototype-development
• D)implementation

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Definitions:

Inventory Turnover

Inventory turnover is a ratio showing how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Return on Equity

A measure of the profitability of a business in relation to the equity, calculated as net income divided by shareholders' equity, expressing the company's ability to generate profits from its shareholders' investments.

Net Profit Margin

It is a financial metric that indicates how efficient a company is at generating profit compared to its revenue, expressed as a percentage.

Gross Profit Margin

The difference between sales and the cost of goods sold, expressed as a percentage of sales, indicating the efficiency of a company in managing its production and labor costs.