Question: What are direct costs?

Answer: Direct costs are expenses that can be directly attributed to the production of
specific goods or services, such as raw materials and labor.

Question: What is the importance of settings permissions in app development?

Answer: Permissions allow certain restrictions to be imposed primarily to protect data and
code. Without these, codes could be compromised, resulting to defects in functionality.

Question: What is the importance of XML-based layouts?

Answer: The use of XML-based layouts provides a consistent and somewhat standard
means of setting GUI definition format. In common practice, layout details are placed in XML
files while other items are placed in source files.

Question: What is market segmentation?

Answer: Market segmentation is the process of dividing a target market into distinct groups
of consumers with common needs or characteristics.

Question: What is business ethics?

Answer: Business ethics refers to the principles and standards that guide behavior in the
world of business, ensuring actions and decisions meet societal norms and values.

Question: What is operations management?

Answer: Operations Management involves designing, overseeing, and controlling the

production process and redesigning business operations for the production of goods or
services.
Question: What is an Income Statement?

Answer: An Income Statement is a financial statement that shows a company's revenues

and expenses over a specific period, resulting in net profit or loss.

Question: What is a database?

Answer: A database is an organized collection of data, generally stored and accessed

electronically from a computer system.