A Potential Benefit of Cloud Computing Is That the Client

question 96

True/False

A potential benefit of cloud computing is that the client firm does not need to know where its data are being processed.

Recognize the importance of business plans in outlining a firm’s mission, goals, and strategies.

Understand the mechanisms through which small businesses contribute to economic innovation and growth.

Understand the impact of flotation costs on project financing and the calculation of initial project costs including flotation costs.

Calculate the Net Present Value (NPV) of a project and understand its importance in project evaluation.

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Definitions:

Overall Set

The total collection or group of items, elements, or properties being considered or discussed.

Organization

can refer to a collective group of people structured and managed to meet a need or pursue collective goals, or the act of organizing.

Expectations

Beliefs or predictions about future events, often influencing behavior and decision-making.

Seven-step Procedure

A structured process often followed in problem-solving or decision-making that involves steps from understanding the issue to implementing solutions.