The Unified Modeling Language

question 47

Multiple Choice

The Unified Modeling Language:

• A) Emphasizes processes rather than objects
• B) Has supported generalization since its inception
• C) Is the standard notation for object-oriented modeling
• D) Both B and C

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Definitions:

Product Life Cycle

The stages a product goes through from development and introduction to the market, through growth, maturity, and eventual decline.

Marketing Mix

A framework consisting of the 4Ps: Product, Price, Place, and Promotion, used by businesses to market their products effectively.

Industry

Refers to a group of companies producing similar products or services that are in competition with each other.

Experience Curve Effects

Experience curve effects refer to the reduction in per-unit production costs that occur over time due to increased efficiency, learning, and improvements in technology.