_____ Is a Systems Development Technique That Tests System Concepts

question 78

Multiple Choice

_____ is a systems development technique that tests system concepts and provides an opportunity to examine input,output,and user interfaces before final decisions are made.

• A) Scrum
• B) Prototyping
• C) Modeling
• D) Rapid application development

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Definitions:

Substitution Possibilities

The extent to which alternative products or services can replace each other in satisfying consumers' needs or preferences.

Cross-Market Competition

Competition that occurs between businesses operating in different markets or sectors but competing for the same customer base.

Pure Monopoly

A market structure where a single seller exclusively controls the supply of a product or service with no close substitutes.

Price Protection

A sales policy or agreement guaranteeing a buyer a refund of the difference if the price of the purchased item drops within a certain period after the purchase.