Which of the Following Statements Regarding Cloud Computing Is True

question 52

Multiple Choice

Which of the following statements regarding cloud computing is true?

• A) The shift to cloud computing does not alter the margin structure for many in the computing industry.
• B) Cloud computing has led to decreased ware and software sales at many firms, while increasing service expenses.
• C) Cloud computing discourages innovation and therefore changes the desired skills mix and job outlook for IS workers.
• D) Cloud computing has raised the barriers for entry to new entrants to the information technology markets.
• E) Cloud computing has shifted power towards venture firms in those industries that had previously needed little startup capital.

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Definitions:

Great Depression

A severe worldwide economic downturn in the 1930s, marked by high unemployment and financial instability.

1980s

A decade marked by significant political, technological, and cultural changes, influencing global economics, international relations, and the rise of personal computing and digital technologies.

1990s

The decade spanning from January 1, 1990, to December 31, 1999, marked by significant global events, technological advancements, and cultural shifts.

Productivity Growth Rates

The rate at which the efficiency of production of goods and services increases over time, leading to more output per unit of input.