Which of These Should Come First When Performing a Systems

question 101

Multiple Choice

Which of these should come first when performing a systems study?

• A)Systems analysis
• B)Systems design
• C)Preliminary investigation
• D)Systems audit

---

Definitions:

Utility

In economics, the satisfaction or benefit derived by consuming a product or service; a measure of preferences over some set of goods and services.

Budget Line

A graphical representation of all possible combinations of two goods that an individual can afford with a given income and prices.

Isoquant

A curve that represents all the combinations of inputs that produce the same level of output in production theory.

Consumer Theory

A branch of microeconomics that studies how people decide what to spend their money on based on their preferences and budget constraints.