The Database Initial Study Phase of the Database Life Cycle

question 47

Multiple Choice

The database initial study phase of the Database Life Cycle (DBLC) involves .

• A) defining objectives
• B) introducing changes
• C) testing the database
• D) installing the DBMS

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Definitions:

Profitability

A measure of how effectively a company generates profit from its revenues, indicating the financial success and health of a business.

Liquidity

Refers to the ease with which assets can be converted into cash without significant loss of value.

Asset Management

The systematic process of developing, operating, maintaining, and selling assets in a cost-effective manner.

Debt Financing

The raising of funds through borrowing, typically by issuing bonds or taking out loans, as opposed to equity financing.