Traditionally, Users Have Purchased Software Licenses and Installed the Programs

question 2

Multiple Choice

Traditionally, users have purchased software licenses and installed the programs directly on hardware and systems. A new trend, championed by Google, among others, uses powerful servers to store applications outside the individual company but accessible from anywhere via the Web. This new approach is called __________________________________.

• A) database management
• B) cloud computing
• C) grid computing
• D) on-demand computing

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Definitions:

Positive Market Expectations

Anticipations or beliefs about future market behavior that are optimistic, often leading to an increase in stock prices or market values.

Financial Statement Analysis

The process of examining and reviewing a company's financial statements to make informed business decisions.

Efficiency

The ability to achieve maximum productivity with minimum wasted effort or expense.

Effectiveness

The degree to which objectives are achieved and the extent to which targeted problems are solved.