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In the context of the planning phase of the systems development life cycle (SDLC), discuss the questions that an analyst or team of analysts must answer to assess the current and future needs of an organization or a specific group of users.
First Price
A type of auction format in which bids are submitted simultaneously, and the highest bidder pays their bid price to receive the item.
Chicken Tactic
A negotiation strategy where one party adopts a dangerous or risky position in the hope that the opposing party will yield or concede first.
Bluff
A strategy in negotiations or games where one pretends to have a stronger position or intent than is actually true.
Deadline
A fixed or set time by which something must be completed or submitted.
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