The benefits of the object-oriented approach to systems design include all of the following except
a. this approach does not require input from accountants and auditors
b. development time is reduced
c. a standard module once tested does not have to be retested until changes are made
d. system maintenance activities are simplified
A
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________ research is a collection of techniques designed to identify and interpret information obtained through the observation of people
A) Explanatory B) Structured C) Syndicated D) Qualitative E) Quantitative
The product life cycle has a significant impact on costs and profits
Indicate whether the statement is true or false
Customer A generates $12,500 (on average) of annual sales for a supplier with a profit margin of 15%. Customer B generates $18,750 (on average) of annual sales for the supplier with a profit margin of 10%. Assume a 7% discount rate and that each customer has an expected lifetime of 5 years. Which customer has a greater customer lifetime value?
a. Customer A b. Customer B c. Customer A and B have roughly equivalent lifetime values d. Cannot be determined from the information given
Which approach to CVP involves listing all the advantages of your product or service without comparing it to others?
a. the list approach b. the all-benefits approach c. the pro and con listing d. the pitch approach