____ Allows Clients to Tap into One of the Greatest

question 20

Multiple Choice

____ allows clients to tap into one of the greatest assets of an IT vendor: experience gained through work with many clients in different environments.

• A) Licensing
• B) In-house development
• C) Outsourcing
• D) Open source

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Definitions:

Fixed Costs

Static expenses that are independent of production or sales volumes, including costs like rental fees, salary payments, and insurance.

Selling Prices

The amount a customer pays to purchase a product or service from a seller.

Variable Costs

Expenses that vary with the amount of output or sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.