Feasbility Study guides, Class notes & Summaries

Chapter 10: Systems Development- SDLC questions well answered 2023Systems Development Life Cycle - correct answer What is SDLC? A classical process used to develop information systems - correct answer What is the SDLC? Systems Development, Requirements analysis, Component Design, Implementation and Systems Maintenance - correct answer What are the 5 phases of SDLC? Define systems goals and scope, assess feasibility, form a project team - correct answer PHASE 1: What is System Deffinitio...

Conservative firms ________. - ANSWER-are risk-averse The word "entrepreneur" was originally used to describe people who "_______" between buyers and sellers. - ANSWER-take on the risk An entrepreneur assembles and then integrates all the resources needed to transform an invention into a viable business. What is NOT a resource assembled by an entrepreneur? - ANSWER-Confidence Established firms with an orientation toward acting entrepreneurially practice _______. - ANSWER-Corporate E...

COB 204 Final Exam Latest 2023 with Verified Answers Explain the difference between data versus information - Data: an elementary description of things, events, activities, and transaction that are recorded, classified, and stored but are not organized to convey and specific meaning - Information: Data that have been organized so that they have meaning and value to the recipient Explain information system concepts including input, processing, and output - input : Materials, services, and inform...

This shows the feasibility of a business proposal along with financial and economic aspects.