Once Value Is Created, It Is, in General

question 23

Multiple Choice

Once value is created, it is, in general,

• A)equally shared between customers and producers.
• B)not equally shared between customers and producers.
• C)distributed to the firm's shareholders.
• D)reinvested into the firm or put aside as a reserve.

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Definitions:

SDLC

Stands for Software Development Life Cycle, a process for planning, creating, testing, and deploying an information system.

Feasibility Study

An analysis and evaluation of a proposed project to determine if it is technically, financially, and legally possible.

Planning Phase

The initial stage of a project or process where goals are defined, strategies are developed, and tasks are planned.

SQL

A standardized language for managing and manipulating relational databases.