Amazon Web Services (AWS)

question 46

Multiple Choice

Amazon Web Services (AWS) :

• A) was introduced after rival efforts from leading computing giants Microsoft and Google.
• B) forms a majority percentage of Amazon's overall revenue.
• C) doesn't provide services such as programming environments.
• D) is a fool-proof system.
• E) offer several advantages, including increased scalability, reliability, and security.

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Definitions:

Profits

The financial gain obtained when the revenues generated from business activities exceed the expenses, costs, and taxes needed to sustain the activity.

Lawn Mowing

The action or process of cutting the grass in a lawn to maintain its appearance and health.

Shut Down

A short-term decision by a firm to cease production due to market conditions, typically because the market price is below the minimum of average variable costs.

Economic Profits

The difference between total revenue and total costs, including both explicit and implicit costs, indicating profitability beyond normal returns.