Absco Computers Introduced a Low Cost,cloud-Based Storage Service

question 91

Multiple Choice

Absco computers introduced a low cost,cloud-based storage service.The company adopted a unit-based pricing for the product and many small businesses found the product to be very effective in reducing their storage costs.The sale of the product has increased swiftly in the recent months and is at an all-time high.The product is presently in the ________ stage of product life cycle.

• A) maturity
• B) growth
• C) saturation
• D) research
• E) introduction

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Definitions:

Warehouse

A large building where goods are stored before they are distributed for sale or further processing.

Express Mention

Specifically and clearly stated or detailed, often used to describe something that is explicitly referred to in a document or conversation.

UCC

Refers to the Uniform Commercial Code, a thorough collection of legislations that regulate all commercial dealings across the United States.

Consideration

The value exchanged between parties in a contract, which can be in the form of money, services, or goods, and is required for the contract to be legally binding.