Cloud Computing Is More Efficient Because

question 38

Multiple Choice

Cloud computing is more efficient because

• A)it adds to the ability to store data.
• B)it is pay for service software.
• C)customers pay for what they use.
• D)it adds to the ability to access data remotely.
• E)it uses several computers to address a single problem.

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Definitions:

Dynamic Pricing Policy

A pricing strategy where the prices of goods or services are adjusted in real-time based on demand, competition, and other market factors.

Competitive Factors

Elements that influence a company's ability to compete in the market, including product quality, price, marketing strategies, and customer service.

Demand Changes

Alterations in consumer desire or need for products and services, influenced by factors like price, trends, and economic conditions.

Price War

A competitive strategy involving retailers or companies reducing their product prices to gain more customers and market share from competitors.