The Systems Development Life Cycle (SDLC) Concept Applies to Specific

question 86

True/False

The Systems Development Life Cycle (SDLC) concept applies to specific applications and not to strategic systems planning.

---

Definitions:

Consumer Behavior

The study of how individuals make decisions to spend their resources on consumption-related items.

Marginal Utility

The boost in satisfaction from the consumption of an additional item of a good or service.

Total Utility

The overall satisfaction or pleasure a consumer derives from consuming a certain quantity of goods or services.

Marginal Utility

The extra fulfillment or advantage a person gains by consuming an additional unit of a product or service.