true/false answer section provided.

1. Core competency theory argues that an organization should focus exclusively on its core business competencies, while allowing outsourcing vendors to efficiently manage the noncore areas such as the IT functions.

2. Systems analysis involves two-step process involving first a survey of the current system and then an analysis of the users needs.

3. Organizations usually acquire information systems by developing customized systems in-house through formal systems development activities.

4. Under the Cold Turkey Cutover approach, the new system is operated in modules.

5. Development team performs a design walkthrough to ensure the system is free from conceptual error.