Which of the Following Statements Is True of Storage Systems

question 78

Multiple Choice

Which of the following statements is true of storage systems?

• A)In a magnetic hard drive, a cylinder is smaller in size than a sector.
• B)Optical discs are less durable than magnetic media.
• C)Cloud storage is also known as USB-drive storage.
• D)Smart cards can store biometric data in the card.

---

Definitions:

Premium Pricing

A competitor-based pricing method by which the firm deliberately prices a product above the prices set for competing products to capture those consumers who always shop for the best or for whom price does not matter.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Special Incentives

Additional rewards or benefits offered to motivate or encourage a specific action or behavior from customers or employees.

Value Cocreation

Value cocreation is a business strategy that emphasizes the involvement of customers, suppliers, and other stakeholders in the development process of products or services, leading to enhanced value for all parties.