Examlex
During what phase of the system development process are potential problems and opportunities identified and considered in light of the goals of the business?
Service Hours
A measure of activity based on the number of hours of service provided, often used in calculating billing or costs in service industries.
Value-Based Pricing
A strategy of setting product prices based on the perceived value to the customer rather than the product's cost or market competition.
Useful Life
The estimated duration of time that an asset is expected to be usable for the purpose it was acquired.
Operating Costs
The expenses related to the day-to-day functioning of a business, excluding costs associated with financing and investments.
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