Explain the steps that should be taken if a company opts

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There are three system development strategies for developing an accounting information system. The first strategy is to buy standard software available in the market. The second strategy is to develop a company's own system using in-house expertise. The final strategy is to outsource a company's IT services to an outside company.

Required:

Problem (a) Discuss the strengths of each strategy.

Problem (b) Explain the steps that should be taken if a company opts to purchase standard software in the market.

Problem (c) Describe the following concepts in system development.

(i) Prototyping

(ii) Business Process Management (BPM)

(iii) Computer-Aided Software Engineering (CASE) Tools

(iv) Agile Methodologies

Reference no: EM132937478

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