Vendors Are Providing Software-As-A-Service (SaaS) Products Because of the Need

question 90

Multiple Choice

Vendors are providing software-as-a-service (SaaS) products because of the need to ________.

• A) lower implementation costs
• B) standardize ERP services
• C) lower implementation time
• D) lower turnover costs

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Definitions:

Information Sharing

The practice of exchanging information between parties, ensuring that all stakeholders in a process or system have the data necessary to make informed decisions.

Analytics

Analytics involves the systematic computational analysis of data or statistics, used for the discovery, interpretation, and communication of meaningful patterns in data.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.

Strategic Decisions

High-level choices that determine the overall direction of an organization.