Define Cloud Computing and List the Resources and Services It

question 81

Essay

Define cloud computing and list the resources and services it provides. Describe how businesses use cloud computing.

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Definitions:

Opportunity Costs

The benefits a person or business foregoes by choosing one alternative over another.

Idle Capacity

Unused production capability within a manufacturing plant or business operation, often due to lack of demand or inefficiency.

Drop a Product

The decision by a company to cease the production and sale of a particular product.

Rent

A periodic payment made to use a property or piece of equipment owned by another party.