Which of the Following Is a Potential Disadvantage to Using

question 117

Multiple Choice

Which of the following is a potential disadvantage to using cloud services?

• A)With cloud computing,it may be more difficult to get to the root of performance problems,like the unplanned outages that sometimes occur with Google's Gmail or Workday's human resources apps.
• B)Requires greater numbers of IT professionals to support the strategy.
• C)Requires greater reliance on outside consultants or contract employees.
• D)Employees might over use applications,leading to higher costs.

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Definitions:

Monopolist

A single seller in a market who controls the supply of a product or service, and thus, has significant power to set prices.

Deadweight Loss

The drop in economic productivity happening when the optimal free market balance for a good or service isn't met.

Price Ceiling

A price ceiling is a government-imposed limit on how high the price of a good or service can be charged in the market, usually set below the equilibrium price to ensure affordability of essential goods.

Monopolist

An entity that is the sole provider of a particular good or service, giving it the ability to control market prices and output levels.