An ____________________ Is a Service Company That Buys and Maintains

question 3

Essay

An ____________________ is a service company that buys and maintains software on its servers and distributes it through high-speed networks to subscribers for a set period of time and price.

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Definitions:

International Operations

Business activities that a company conducts outside its home country, including sales, manufacturing, and production.

Production Costs

The total cost incurred by a business to manufacture a product or to provide a service. This includes materials, labor, and overhead costs.

Forward Rate

An agreed-upon exchange rate for currencies to be traded at a future date, used in forward contracts.

Israeli Shekel

The official currency of Israel.