An Outside Supplier Used to Provide Computer and Application Support

question 99

Multiple Choice

An outside supplier used to provide computer and application support for managing an information system is known as ______.

• A) an application maintenance provider
• B) an application service provider
• C) on-demand computing
• D) utility computing

Understand the concept of target audience segmentation in marketing.

Comprehend the core aspects of the Franchise Relationship Model (FRM).

Identify franchisor functions within the Franchise Relationship Model.

Explain the Service Delivery System (SDS) component within a franchise offering.

---

Definitions:

Laissez Faire

An ideology that supports a capitalist market economy free from regulatory oversight by the government.

Basic Questions

Basic Questions in economics typically refer to the fundamental queries about what to produce, how to produce, and for whom to produce, guiding allocation of resources.

Market Failure

A scenario where the distribution of goods and services through a free market fails to achieve efficiency, typically resulting in a decrease in overall social welfare.

Public Goods

Goods that are non-excludable and non-rivalrous, meaning they can be used by everyone without diminishing availability to others, such as public parks and street lighting.