_____ Is a Philosophy and a Software and System Development

question 98

Multiple Choice

_____ is a philosophy and a software and system development methodology that focuses on the development, use, and reuse of small, self-contained blocks of codes to meet the software needs of an organization.

• A)Extreme programming
• B)Rapid application development
• C)Service-oriented architecture
• D)Joint application design

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, remaining constant regardless of business activity levels.

Financial Break-Even

The point at which a project or company generates enough revenue to cover its operating and financial expenses.

Variable Costs

Costs that vary directly with the level of production or volume of output, such as materials and labor directly involved in a company's manufacturing process.

Required Rate of Return

The minimum return an investor expects to achieve by investing in a particular asset, taking into account its risk level.