What activities take place during the component design step of the systems development life cycle (SDLC)?

What will be an ideal response?


During the component design step of the SDLC, we
• Determine hardware specifications
• Determine program (software) specifications
• Create the database design
• Design business procedures
• Create job descriptions for business personnel

Business

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Under a 401(k) plan, the ________ is responsible for choosing specific investments.

A. employee B. ERISA fiduciary advisor C. financial institution handling the account D. employer E. PBGC

Business

A type of research design involving the one-time collection of information from any given sample of population elements is called longitudinal design

Indicate whether the statement is true or false

Business

Smart Computer Services had a service contract with Johnson College to maintain all of the college computers used for instructional services. The college depended heavily on its computer system being maintained properly at all times. A liquidated damage clause in the contract provided that Smart Computers pay $500 to Johnson College for each day that Smart was late responding to a service call

On October 10, Smart was notified that Johnson College's computer system failed. Smart, however, did not respond to the college's request until October 15 . If Johnson College sues Smart Computer Services under the liquidated damages provision of the contract, Johnson College will a. win, unless the liquidated damage provision was determined to be a penalty. b. win because, regardless of the circumstances, the liquidated damages provision is valid. c. lose, because Smart's breach is only a minor. d. lose, because the liquidated damages clause in the Smart/Johnson College contract was against public policy.

Business

The basic premise of the FREE CASH FLOW TO THE FIRM METHOD OF VALUATION is that a firm should be worth the present value of anticipated cash flows

Indicate whether the statement is true or false

Business