What Is the Systems Development Life Cycle

question 25

Multiple Choice

What is the systems development life cycle?

• A) Involves establishing a high-level plan of the intended project and determining project goals
• B) Involves analyzing end-user business requirements and refining project goals into defined functions and operations of the intended system
• C) Involves describing the desired features and operations of the system
• D) The overall process for developing information systems from planning and analysis through implementation and maintenance

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Definitions:

Succession Plans

Defined strategies or processes for identifying and developing new leaders who can replace old leaders when they leave, retire, or pass away.

First-mover Advantage

The benefit gained by the initial significant occupant of a market segment, often allowing for the establishment of strong brand recognition and customer loyalty.

Niche Manipulation

Niche manipulation refers to the strategic actions taken by organizations or individuals to shape or adapt their specific segment of the market to gain a competitive advantage.

Anticipatory Market Leadership

A strategic approach where a company actively predicts future market trends and customer needs to position itself as a leader in innovation and service.