Magnira Corp

question 6

Multiple Choice

Magnira Corp., a small-scale e-learning firm, recently bought a three-year license of a cloud-based software. The software provides email services and social networking services on a secure platform. In this scenario, it is evident that Magnira Corp. has incurred _____.

• A) communication cost
• B) acquisition cost
• C) processing cost
• D) retrieval cost

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Definitions:

Bo Dietl

A former New York City Police Department detective and media personality known for his work in law enforcement and television.

SWOT Model

A strategic planning tool that identifies strengths, weaknesses, opportunities, and threats related to business competition or project planning.

Strengths

Positive attributes or qualities that an individual possesses, which contribute to their overall effectiveness or success.

Profitability

The ability of a business or activity to generate a profit or financial gain, indicating its financial health and success.