Define cloud computing. Identify five advantages of cloud computing
What will be an ideal response?
Cloud computing is the provision of computational resources on demand via a computer network, and the customer pays only for actual usage. Advantages include no local server installation, rapid scalability, reliability of systems incorporating the technology, pay per use, and reduced time-to-market.
You might also like to view...
Which of the following is not the way U.S. auto mass producers operate?
A) greater labor content B) less mechanization C) less flexible mechanization D) divide employees in discrete specialties E) lack of employee teamwork
Answer the following statements true (T) or false (F)
1. The Social Security system is funded by contributions from both the employer and employee. 2. Employer FICA is paid by the employer and recorded as a payroll tax expense. 3. FICA tax is a tax that is paid both by the employer and the employee. 4. Employer FICA tax is paid by the employer and is added to the employee's earnings. 5. FICA tax is paid by the employee only.
Which of the following statements is CORRECT?
A. Other things held constant, the more debt a firm uses, the higher its operating margin will be. B. Debt management ratios show the extent to which a firm's managers are attempting to magnify returns on owners' capital through the use of financial leverage. C. Other things held constant, the more debt a firm uses, the higher its profit margin will be. D. Other things held constant, the higher a firm's total debt to total capital ratio, the higher its TIE ratio will be. E. Debt management ratios show the extent to which a firm's managers are attempting to reduce risk through the use of financial leverage. The higher the total debt to total capital ratio, the lower the risk.
By providing the customer a top-quality product that lasts for 25 years, Geoffrey B. Small is
a. placing a premium on making a sale b. providing customer satisfaction c. using the marketing concept d. developing a deeper understanding of his customers