CASE Critical Thinking Questions

question 29

Multiple Choice

CASE Critical Thinking Questions
Case 12-1
Ann is the trainer at a website creation and development company. During the induction session, she explains the web development life cycle phases to all the new employees. Ann has to train the new employees on their first project, which is based on an online retail store.
Ann's training session begins with an explanation of how each web development life cycle phase should be addressed by the employees. She explains that one of the final aspects of a phase is to find out who owns and authors the information on a website. Which phase of the website development life cycle is Ann explaining in this stage?

• A)Website implementation
• B)Website planning
• C)Website analysis
• D)Website maintenance

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Definitions:

DSO

Stands for Days Sales Outstanding, a measure used by companies to assess the average number of days it takes to collect payment after a sale has been made.

Bad Debt

Money owed to a company that is unlikely to be paid by the debtor, often considered a loss for the company.

Credit Policy

The guidelines a company follows to determine credit terms for customers, including payment terms, credit limits, and how to handle late payments.

Incremental Pre-tax Profits

Additional earnings before taxes that result from specific actions or decisions, used in investment appraisal.