Examlex
Which of the following identifies business requirements, strategies, and solutions for cloud storage and services that meet a company's goals or needs?
Opportunity Cost
The loss of potential gain from other alternatives when one particular alternative is chosen.
Savings Account
A deposit account held at a bank or other financial institution that provides principal security and a modest interest rate.
Economic Profit
The difference between total revenue and total costs, including both explicit and implicit costs, indicating the efficiency with which a company utilizes its resources.
Explicit Costs
are direct, out-of-pocket payments for expenses incurred by a business or individual.
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