The Scope of a Business Is Defined by the Products

question 6

True/False

The scope of a business is defined by the products it offers and chooses not to offer, by the markets it does and does not seek to serve, by the competitors it chooses to compete with or to avoid, and by its level of vertical integration.

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Definitions:

IaaS Provider

An Infrastructure as a Service (IaaS) Provider is a business that delivers cloud computing infrastructure – servers, network, storage, and virtualization – as an on-demand service.

System Costs

The total expenditure required to develop, install, and maintain a system, encompassing both initial and ongoing expenses.

IT Project Feasibility

IT project feasibility involves evaluating the likelihood of a proposed technology project's success in terms of technical capability, financial resources, and alignment with organizational goals and strategies.

SaaS Customers

Clients or users who utilize Software as a Service, a cloud-based service where they access software over the internet rather than installing it on local devices.