The Sole Advantage of the Hosted Software Model Is Decreased

question 42

True/False

The sole advantage of the hosted software model is decreased total cost of ownership.

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Definitions:

Raw Materials

Raw materials are the basic substances in their natural, modified, or semi-processed state, used as inputs to a production process for subsequent modification or transformation into finished goods.

Contingency Approach

A theory that suggests the best way to manage an organization or make decisions depends on specific circumstances or external factors, rather than a one-size-fits-all method.

Organizational Design

The process of structuring a company's roles, responsibilities, and systems to effectively and efficiently achieve its goals and adhere to its values.

Environmental Uncertainty

The unpredictable nature of external forces that can influence an organization's operations.