Ryan Works for a Small Consulting Company

question 22

Multiple Choice

Ryan works for a small consulting company. They want to do a better job of tracking their clients and the jobs they have bid on and either won or lost. There are no processes in place right now, and all users (consultants and managers) have different ideas. Their IT consultants have suggested they use JAD to design their application. The IT consultants will use agile development to deliver the application. Agile development ______________.

• A)requires little user input.
• B)forcuses on all required functionality at each step of the way.
• C)uses the scrum approach to design the system.
• D)delivers functionality in rapid interactions.
• E)takes a longer time but the results are better.

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Definitions:

Rate of Inflation

This refers to the annual percentage increase in the general price level of goods and services in an economy over a period of time.

Effective Usury Laws

Laws designed to set maximum interest rates that can be charged on loans, to prevent lenders from charging excessively high rates.

Money Markets

Financial markets for short-term borrowing and lending, dealing in securities such as Treasury bills and commercial paper.

Investment-Demand

Investment-Demand entails the desire for assets or goods that will provide returns over time, heavily influenced by interest rates, future profit expectations, and economic conditions.