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Software Engineering · Quiz 2 · 1 Dec 2024 · September 2024 term · Set QDB2

Question 22: Choose the correct option that specifies how the risk ca…

Question 22

+4 marksOne correct option

A software company has plans to develop a web application and a mobile application that can assess equities and recommend their purchase or sale. Nevertheless, the product might not be competitive in the market due to the abundance of similar products that are already available. This is a potential risk associated with its development.
Based on the above data, answer the given subquestions.

Choose the correct option that specifies how the risk can be mitigated.

  1. A

    By hiring developers with relevant experience within the company and/or outside the company, or outsource certain things to some third party vendors.

  2. B

    By benchmarking and regular inspection to verify that the external component is up to the mark.

  3. C

    Explore market for similar products.

  4. D

    By communicating with clients or build prototype to collect clients feedback

Show answer

Correct answer

  • C

    Explore market for similar products.

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Question 22 of 22 in the IIT Madras BS Software Engineering (Software Engineering) Quiz 2 paper sat on 1 Dec 2024, in the September 2024 term (IIT M IMPROVEMENT AN EXAM QIM2 01 Dec 2024). It carries 4 marks.

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