The Concept of ________ Is Also Known as Utility Computing

question 9

Multiple Choice

The concept of ________ is also known as utility computing or ________.

• A) on-demand; ERP
• B) on-demand; SaaS
• C) on-premise; ERP
• D) on-premise; SaaS

Know the various forms of business ownership and their characteristics.

Understand the role and importance of internal and external auditors.

Learn about the concepts and principles underpinning financial reporting standards.

Grasp the key components and objectives of an accounting system.

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Definitions:

Katz's Three

An organizational theory that identifies three primary managerial skills essential for successful management: technical, human, and conceptual skills.

Performance Efficiency

The degree to which tasks are executed accurately and economically, maximizing output while minimizing waste.

Performance Effectiveness

A measure of how well an individual, system, or organization achieves its goals and objectives in a quality and timely manner.

Productivity

measures the efficiency of production of goods or services, often quantified as the ratio of output to input.