A Guiding Philosophy and a Set of Principles for Developing

question 12

Multiple Choice

A guiding philosophy and a set of principles for developing information systems in an unknown,rapidly changing environment is called

• A)agile development.
• B)scrum methodology.
• C)scrum development.
• D)user stories.

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Definitions:

Pork Bellies

Futures contracts traded on the commodity markets, representing 40,000 lbs of frozen, trimmed bellies from hogs, which are used to make bacon.

Cash Delivery

The process of settling a futures or options contract by exchanging the cash equivalent of the asset rather than the physical asset itself.

Futures Contracts

Futures contracts are standardized legal agreements to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other.

Forward Contracts

Agreements to buy or sell an asset at a future date for a price specified today, not traded on an exchange.