Cloud-Based Music Services Are Expected to Have a Major Impact

question 83

Multiple Choice

Cloud-based music services are expected to have a major impact on the mobile music business.The reason for their popularity includes all of the following except:

• A)they are a hybrid between subscription and online store business.
• B)this new approach addresses some of the shortcomings of the existing methods.
• C)they offer users a music locker "in the cloud."
• D)music services can be purchased from a variety of mobile devices.
• E)the pricing schemes for various services are simple.

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Definitions:

Compounded Quarterly

A method of calculating interest where the interest earned on an investment is calculated four times a year and added to the principal sum, leading to interest calculations on interest in subsequent periods.

Future Value Factor

A formula used to determine the future value of an investment based on its current value and rate of return.

Annuity

A fiscal instrument providing a constant flow of payments to a person, mainly serving as a source of income for individuals in retirement.

Periods

Intervals of time into which financial or operational activities are divided for reporting, planning, or analysis purposes.