What is the relationship between product specifications and requirements?
What will be an ideal response?
Requirements are the features that a product must have, while many products can satisfy the same requirements. The factors that decide in favor of one product against another are many: technology, preferences, cost, experience, time, resources, etc. Without a comprehensive domain analysis, a product may satisfy all requirements but fail nevertheless.
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Which of the following is an advantage of management contracting?
A) It involves the fewest changes in a company's product lines. B) It allows a contracting firm to set up its own operations at the beginning of the contract. C) It is the simplest way to enter a foreign market. D) It yields income from the beginning of the contract. E) It gives a contracting firm an option to buy shares in the managed company immediately.
I spend a lot of time second guessing myself and would hate to look back in a year or two and realize that I had spent more than I needed to. Where should I recommend we travel and why?
The Vacation Final exams are almost here and once they are done, it will be time to reward myself with a well-deserved vacation. As a state employee, I haven't seen a raise since... well, ever. Thus an important criterion, in fact the most important criterion is to find an exotic region that can be visited inexpensively. There are three states of nature that could impact costs in these five areas of interest, and they correspond to the relative strength of the US Dollar against that region's dominant currency. Rather than squander my time doing any actual publishable research, instead I have determined the average cost per day to visit each region under each of the possible states of nature. This table, which should not be construed as actual vacation advice, appears below. Region Strong Dollar Middling Dollar Weak Dollar Eastern Europe 33 54 57 Southeast Asia 41 56 36 Australia 45 44 58 Galapagos Islands 37 35 26 Scandinavia 38 11 48