In the Systems Analysis Phase, the First Step Is Requirements

question 89

True/False

In the systems analysis phase, the first step is requirements modeling, where business processes are investigated and what the new system must do to satisfy users is documented.

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Definitions:

Managing For Long-Run Profits

A strategic approach that focuses on achieving sustained profitability through customer satisfaction, product quality, and ethical practices over short-term gains.

Immediate Profit

Earnings that are realized right after the completion of a transaction or operation.

Higher Market Share

A situation in which a company or product occupies a larger percentage of the total sales in its market relative to competitors.

Social Responsibility

The obligation of an organization to act in ways that benefit society at large, including ethical practices, environmentally sustainable operations, and community engagement.