Cloud Computing Provides the IT Infrastructure That Enables Service Orientation

question 29

True/False

Cloud computing provides the IT infrastructure that enables service orientation.

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Definitions:

Savers

Individuals or entities that allocate a portion of their current income or resources for future use or investment.

Pure Profit

The excess amount remaining after all operational, fixed, and variable costs have been subtracted from total revenue.

Accounting Profits

The difference between total revenue and explicit costs of a business, as calculated for financial reporting and tax purposes.

Explicit Costs

Direct, out-of-pocket payments for wages, materials, rent, and other expenditures incurred in the conduct of a business.