Case 2 You Have Been Hired to Create an Information

question 75

Multiple Choice

Case 2 You have been hired to create an information system for the TeaTime Tea House. You have met with the company owners to get a general idea of what they need. What is the first thing you will do when you start on this project?

• A) plan
• B) design
• C) build
• D) test

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Definitions:

Growth In Dividends

The pace at which dividend distributions to shareholders by a company grow over a period.

Required Rate Of Return

This is the minimum return that investors expect or demand for an investment to be considered worthwhile.

Market Price

The contemporary market price for acquiring or disposing of an asset or service.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return, factoring in the time value of money.