_____________ Application Development (RAD)methodology (Also Called Rapid Prototyping)emphasizes Extensive User

question 37

Short Answer

_____________ application development (RAD)methodology (also called rapid prototyping)emphasizes extensive user involvement in the rapid and evolutionary construction of working prototypes of a system,to accelerate the systems development process.

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Definitions:

Overhead

Ongoing business expenses not directly attributed to creating a product or service, such as rent, utilities, and administrative costs.

Gray Market

Employs irregular but not necessarily illegal methods; generally, it legally circumvents authorized channels of distribution to sell goods at prices lower than those intended by the manufacturer.

Manufacturers

Businesses or individuals involved in the production of goods using labor, machines, and tools, turning raw materials into finished products.

Upscale Manufacturers

Companies that produce high-quality, often luxury products aimed at a market segment willing to pay premium prices for superior goods.