____________________ Involves Breaking a Complex Product or Service into Smaller

question 11

Short Answer

____________________ involves breaking a complex product or service into smaller pieces that can be created independently and then combined quickly to make a whole.It cuts the cost of developing and designing innovative products.

---

Definitions:

Decline In Yield

A decrease in the income return on an investment over a specified period of time, often related to bonds and other fixed-income securities.

Bond Price

The market value of a bond, which can fluctuate based on interest rates, credit quality, and other factors.

Coupon Bond

A type of bond that pays the holder a fixed interest payment (coupon) periodically until maturity, at which point the principal is also repaid.

Semiannually

Occurring twice a year; a term often used in the context of paying interest or dividends every six months.