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If a Firm Can Generate Nearly Equal Financial Improvement Through

question 26

Multiple Choice

If a firm can generate nearly equal financial improvement through internal efforts as would be realized with outsourcing, then the business case may need to be called into question. According to a Deloitte study, many organizations could realize incremental savings on the order of _________percent of direct labor from implementing innovative programs such as lean production.


Definitions:

Upper CASE Tools

Tools that are used to automate the early stages of the SDLC (systems investigation, analysis, and design).

SDLC

The Software Development Life Cycle (SDLC) is a framework defining tasks performed at each step in the software development process.

Lower CASE Tools

Tools used to automate later stages in the SDLC (programming, testing, operation, and maintenance).

SDLC

Short for Software Development Life Cycle, it is a process for planning, creating, testing, and deploying an information system.

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