Discovery of User Requirements, Existing System Evaluation, and Logical System

question 74

Multiple Choice

Discovery of user requirements, existing system evaluation, and logical system design are part of the _____ phase of the Systems Development Life Cycle (SDLC) .

• A) planning
• B) analysis
• C) detailed systems design
• D) implementation

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Definitions:

Profit-Maximizing

Refers to strategies or decisions taken by a company to maximize its profits by increasing revenue, reducing costs, or both.

Charge a Price

The act of assigning a monetary value to a product or service that customers must pay to obtain it.

Marginal Cost

is the cost incurred by producing one additional unit of a product or service.

Profits

The financial gain made in a transaction or operation, calculated as the difference between revenue and expenses.