Difficulty: Easy
Correct Answer: Incorrect
Explanation:
Introduction / Context:
Business rules capture how a specific organization operates. While some regulations are industry-wide, most operational rules vary by company, market segment, and strategy. This question challenges the misconception that rules are universal.
Given Data / Assumptions:
Concept / Approach:
Business rules are context-dependent. For example, return policies, discount eligibility, credit limits, and approval hierarchies differ by organization. Modeling must therefore start from local definitions, facts, and constraints, not from presumed universals.
Step-by-Step Solution:
Elicit rules from domain experts in the target organization.Document terms and facts in a shared glossary specific to that business.Translate structural rules into keys/relationships; encode procedural rules via constraints and processes.Version and govern rules as the business evolves.
Verification / Alternative check:
Compare two firms in the same industry; their pricing and approval rules will differ, proving non-universality.
Why Other Options Are Wrong:
Even in regulated industries, many rules remain organization-specific. Vendor templates provide starting points, not universal truths.
Common Pitfalls:
Reusing a generic model without tailoring; failing to capture the exceptions that define competitive differentiation.
Final Answer:
Incorrect
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