Capability Maturity Model Integration (CMMI) level 5 affirms that the software developing firm is at a stage of _______. 

Concept:

Capability Maturity Model (CMM) is the strategy for improving the software process irrespective of the actual life cycle model used. It has 5 different level. Each level and its basis features are listed below :

• Initial (Maturity level 1) - Adhoc
  • At this level, processes for developing software are Adhoc & not well defined.
• Repeatable (Maturity level 2) - Basic Project Management
  • This level focuses on project management policies establishment.
• Define(Maturity level 3) - Process Definition
  • Documentation of procedures & standard guidelines are the major focus of this level.
• Managed (Maturity Level 4 ) - Process Measurement
  • This level sets quantitative goals for software products as well as for software processes.
• Optimizing (Maturity level 5) - Continuous process Improvement
  • Using quantitative feedback, this level focuses on continuous process improvement so option 2 is correct.