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GuardIN Is an IT Security Firm

question 59

Multiple Choice

GuardIN is an IT security firm. It deals with highly secure data for a wide variety of software and e-commerce agreements, trademark licenses, and patent licenses. GuardIN needs a cloud computing option that would allow it to purchase and maintain the software and infrastructure itself. The cloud also needs to be designed in such a way that all users of the organization can access it without any lag. Which of the following cloud computing options would be most suitable for GuardIN?


Definitions:

Monopolistically Competitive

Describes a market structure where many firms sell products that are similar but not identical, allowing for significant competition but with a degree of product differentiation.

Product Differentiation

The process by which companies distinguish their products from those of competitors in the eyes of consumers by varying design, quality, or other attributes.

Monopolistically Competitive

A market structure in which many companies sell products that are similar but not identical, allowing for competition based on price, quality, and branding.

Market Price

Today's rate at which a service or asset is being offered for buying or selling.

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