IT Companies That Provide Both Hardware and Software Have Seen

question 29

Multiple Choice

IT companies that provide both hardware and software have seen revenue from__________ service portion of their business grow faster than from the sale of hardware and software.

• A)licensing software
• B)tailoring software
• C)outsourcing
• D)user-development

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Definitions:

Excess Capacity

A situation where a firm's facilities can produce more than is necessary to meet the demand, often leading to underused resources.

Profit-Maximizing

The process or strategy by which a firm determines the price and output level that returns the greatest profit.

Profit-Maximizing Quantity

The production level where a company reaches its maximum profitability.

Consensus

is a group decision-making process where discussions continue until all members agree on a particular solution or decision, highlighting collaboration and collective agreement.