Henry Ford's philosophy was to perfect the Model T so that its cost could be reduced further for increased consumer affordability. This reflects the ________ concept

________ is a process in which stakeholders identify the features that a project will need and then prioritize them as mandatory, preferred, or nonessential

A) Requirements analysis B) Informative modeling C) Acceptance testing D) Feasibility study

General Electric Corporation tracks employee turnover annually. It currently has a data set that contains turnover for the past 20 years. What type of data does it have?

A) Time-series data B) Cross-sectional data C) Nominal data D) Ordinal data