Your Business Is Looking to Rely on Cloud Computing Services

question 69

Multiple Choice

Your business is looking to rely on cloud computing services to provide system backup and the archiving of earlier versions of files, for example. What is the term for this?

• A)Storage as a Service
• B)Software as a Service
• C)Data as a Service
• D)Platform as a Service

Recognize the role and impact of social networking on businesses.

Understand the historical development and strategic importance of the Internet.

Recognize the evolution and stages of quality management since World War II.

Understand managerial effectiveness in multicultural and ethical contexts.

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Definitions:

Defined Contribution Plans

Retirement plans where the amount invested is defined up front, but the future benefit is not guaranteed, depending on investment performance.

Pension Funds

Financial programs that collect and invest contributions from employers and employees to provide retirement benefits to the employees.

Ordinary Income

Income earned through wages, salaries, commissions, and interest, as opposed to capital gains, which are realized through the sale of assets.

Income Component

The part of an investment's return that comes from dividends or interest payments, as opposed to capital gains.