IT can reduce agency costs by reducing the number of employees by minimizing the cost of participating in markets. by minimizing costs of capital IT can O Complicate flattening of hierarchies O Facilitate flattening of hierarchies Decrease the speed of decision making

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Requirement Analysis

A process that determines the user expectations for a software product is called requirement analysis. In software engineering, requirement analysis is known as requirement engineering. It involves communication with end-users and stakeholders to determine whether the system or software requirements are validated, conflicts are solved, and key requirements are documented. The first activity of the Software Development Life Cycle (SDLC) is requirement analysis.