Which of the Following Is the Benefit of Using an Application

question 48

Multiple Choice

Which of the following is the benefit of using an application service provider?

• A) It ensures that the training content and methods match the local culture of the workforce.
• B) It saves the company costs related to the purchase or maintenance of an internal network or intranet.
• C) It creates, delivers, and packages training in different formats for beginners and experts.
• D) It designs learning space, as well as content in traditional learning environments.

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Definitions:

Length of Customer Relationship

The duration over which a business maintains a relationship with an individual customer, significant for understanding customer loyalty and value.

Economies of Scale

Economies of scale are cost advantages that businesses obtain due to scale of operation, with costs per unit of output decreasing with increasing scale.

Discount Rate

The interest rate charged by central banks on loans extended to financial institutions or the rate used in discounted cash flow analysis to determine the present value of future cash flows.

Acquire a New Customer

The process of attracting and converting prospects into someone who makes a purchase and becomes a client of the business.