In Cloud Computing, Although Many Clients Share the Same Resources

question 10

Multiple Choice

In cloud computing, although many clients share the same resources, a company's systems operate as if they were running on their own dedicated system because of _____.

• A)abstraction
• B)crowdsourcing
• C)embedded analytics
• D)virtualization

Understand the provisions related to bid-rigging and its effects on competition.

Analyze the impact of monopolistic practices and abuse of dominant position under the Competition Act.

Distinguish between criminal, regulatory, and civil aspects of the Competition Act.

Evaluate the protections offered to consumers and businesses under the Competition Act.

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Definitions:

Factors of Production

The resources used in the production of goods and services, traditionally classified into land, labor, capital, and sometimes entrepreneurship.

Technology

The application of scientific knowledge for practical purposes, especially in industry and in the creation of devices, processes, or systems.

Competitive Differentiation

The unique value proposition or distinct characteristics a product or service has that sets it apart from its competitors in the eyes of customers.

Business Success

The achievement of financial and operational goals within a business, often measured by profitability, market share, or expansion.