When the Context Diagram and the Level 0 Diagram Have

question 60

True/False

When the context diagram and the level 0 diagram have equivalent external data flows, the DFDs are said to be balanced.

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Definitions:

Fast-Second Strategy

A business approach where companies wait and learn from the market pioneers' experiences before entering the market with a more refined or targeted product.

Dominant Firm

A company with a substantial market share and the power to influence market conditions, often setting prices or standards within the industry.

Industry

Industry refers to a group of companies that operate in a similar segment of the economy or share a similar business type, often categorized by their primary business activities.

Just-In-Time

A production and inventory strategy where materials and products are delivered or manufactured just in time for use or sale, reducing storage costs.