In the Design Phase of the Systems Development Life Cycle

question 80

Multiple Choice

In the design phase of the systems development life cycle (SDLC) , the _____ is an overview of the system and does not include hardware or software choices.

• A) virtual design
• B) physical design
• C) conceptual design
• D) logical design

Explain the concept of concession bargaining and the situations in which it is most appropriately utilized.

Identify and understand the diverse sources of content conflicts.

Understand how a compromiser approaches conflict resolution and the implications of this style.

Describe the commonalities present in various types of conflicts and their significance.

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Definitions:

Pre-tax Net Income

The amount of income earned by a company before taxes are deducted, representing its profitability.

Incremental Cash Flows

Additional cash flows from a new project or investment, considered when evaluating the financial viability of that project.

Stand-alone Principle

An approach to evaluating investment decisions without considering any potential impacts from external projects or operations.

Sunk Cost

A cost that has already been incurred and cannot be recovered, which should not affect future investment decisions.