Examlex
Suppose that a worker in Country A can make either 25 bananas or 5 tomatoes each year. Country A has 200 workers. Suppose a worker in Country B can make either 18 bananas or 6 tomatoes each year. Country B has 400 workers. For a worker in Country A, the trade-off of making one tomato is:
SaaS
Software as a Service, a cloud computing offering that provides users with access to a vendor's cloud-based software.
IaaS
Infrastructure as a Service is a model of cloud computing that offers virtual computing resources via the internet.
Operating System
System software that manages computer hardware, software resources, and provides common services for computer programs, enabling the user interface with the computer hardware.
Private Clouds
IT infrastructures that are accessible only by a single entity or by an exclusive group of related entities that share the same purpose and requirements, such as all the business units within a single organization.
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