The Practice of Replacing a Company's Investment in Computing Equipment

question 5

Short Answer

The practice of replacing a company's investment in computing equipment by selling Internet-based access to its own computing hardware and software is called _____.

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Definitions:

Short-Range

Pertaining to activities, planning, or forecasting that covers a relatively brief period of time, typically up to one year.

Medium-Range

Pertaining to the intermediate term, often in the context of planning, forecasting, or operations.

Long-Range

Pertaining to strategic decisions or actions that consider and impact a significant period into the future, often beyond the immediate or short term.

Point-Of-Sale Computers

Computerized systems used in retail environments to conduct sales transactions, manage inventory, and record customer purchases.