Cloud Computing

question 45

Multiple Choice

Cloud computing:

• A)refers to theme based Web sites.
• B)refers to collaborations on Web content that are created and edited by users.
• C)involves secure access of files from anywhere as information is stored remotely.
• D)is a site where people gather virtually to interact.
• E)allows people to link to,and interact with,others who work in their industry or related ones.

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Definitions:

Rent-Seeking Activities

Efforts to increase one’s share of existing wealth without creating new wealth, typically through manipulation of the economic environment.

Administrative Costs

Expenses associated with the general operation of a business or organization, including salaries of non-revenue generating staff, office supplies, and utilities.

Environmental Costs

The economic costs associated with environmental damage or the degradation of natural resources, including clean-up and preventive measures.

Consumers

Individuals or entities that purchase goods and services for personal use, driving demand in the economy.