The Initial Step in the First Phase of the SDLC

question 27

Multiple Choice

The initial step in the first phase of the SDLC is to ________.

• A)assess the feasibility of the project
• B)define the goals and scope of the new system
• C)determine the schedule and budget for the project
• D)form the project team

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Definitions:

Buy a Unit

The action of purchasing a single item or measure of a product for a specified price.

Perceived Market Share

An estimate of the fraction of total market sales captured by a firm, based on the perception of consumers or the firm itself.

Actual Market Share

The real or actual percentage of a market controlled by a company or product, measured by sales volume or revenue.

Demand Curve

This reflects how the quantity demanded of a good or service varies with changes in its price, typically sloping downward from left to right.