Business Model and Choice of Software Engineering Practices Flashcards

1
Q

Describe the rationale of how an organization creates, delivers, and captures value

A

Business model

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2
Q

Five Main Business Models in the Software Industry

A
  1. Custom Systems Written on Contract
  2. Custom Software Written In-House
  3. Commercial Software
  4. Mass-market Software
  5. Commercial and Mass-market Firmware
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3
Q

The organization makes profits by selling tailored software development services for clients.

A

Custom Systems Written on Contract

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4
Q

The organization develops software to improve organizational efficiency

A

Custom Systems Written In-house

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5
Q

The company makes profits by developing and selling software to other organizations

A

Commercial Software

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6
Q

The company makes profits by developing and selling software to consumers

A

Mass-market software

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7
Q

The company makes profits by selling software in embedded hardware and systems

A

Commercial and Mass-market Firmware

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