1. List at least three characteristics each of traditional and web-based development. (5 points) 2. How does cloud computing support Web 2.0 applications? Provide examples. (5 points) 3. Why would a company choose in-house software development? Provides examples. (5 points) 4. Discuss outsourcing. Why would a company outsource? (5 points) 5. What is the primary objective of the evaluation and selection team in selecting a development strategy? (5 points) 6. What are the five steps in the software acquisition process? (5 points) 7. What is an RFP, and how does it differ from an RFQ? Explain in your own words. (5 points) 8. Explain the relationship between logical and physical design. Provide examples. (5 points) 9. Various firms and organizations offer IT benchmarking. Locate an example on the Internet and describe its services. (5 points) 10. Research a financial SaaS application, and describe its main features. (5 points)