Which of the Following Systems Acquisition Methods Saves the Company's

question 78

Multiple Choice

Which of the following systems acquisition methods saves the company's time, enables the company to select software that has been used for similar problems in other organizations, and allows the company to try out the software?

• A) Systems development life cycle
• B) Prototyping
• C) End-user development
• D) Buy option
• E) Object-oriented development

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Definitions:

Risk Problem

A situation or decision-making process involving uncertainty about various outcomes and their potential impacts on objectives.

Command Systems

Economic systems where the government or a central authority makes all decisions regarding the production and distribution of goods and services.

Market System

An economic framework in which choices about investment, production, and the distribution of goods and services are influenced by supply and demand dynamics, with their prices established through a system of free pricing.

Shielded From Risk

Describes a condition or strategy in which an individual or entity is protected or insulated against potential losses or adverse outcomes.