Examlex
In which phase of the systems development life cycle where analysts decide how to meet user needs,identify and evaluate design alternatives,and develop detailed specifications for what the system is to accomplish and how it is to be controlled?
Society Forgoes
The opportunity costs that society incurs when choosing to allocate resources to one project or purpose over another, leading to the loss of potential benefits from other uses.
Creative Destruction
Creative destruction refers to the process through which new innovations lead to the demise of older technologies or business models, fostering growth and economic progress.
New Firms
Recently established companies or businesses entering a market.
Dominant Firms
Companies that hold a major portion of the market share in their industry, influencing market conditions and prices.
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