To Make a Decision to Attempt to Build an Application

question 68

Multiple Choice

To make a decision to attempt to build an application system based on what was left after a previous attempt ended in failure primarily because of the large investment the company made in the failed project most likely was made by a manager who did not fully understand:

• A) Direct Costs
• B) Indirect Costs
• C) Sunk Costs
• D) Learning Curve Costs
• E) Reserves Costs

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Definitions:

Single Parents

Individuals who are raising children without the involvement of the other biological parent.

Minorities

Groups in society distinguished by cultural, ethnic, racial, religious, or social backgrounds that are smaller in number compared to the majority.

Lowest Cost

The most economical price at which a good or service can be purchased or produced, often pursued as a competitive strategy in business.

Business Process

A collection of related activities that create a product or a service of value to the organization, its business partners, and its customers.