On-Premise Computing Can Inhibit an Organization's Ability to Respond Quickly

question 44

True/False

On-premise computing can inhibit an organization's ability to respond quickly and appropriately to today's rapidly changing business environments.

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Definitions:

Gross Profits

The total revenue from sales minus the cost of goods sold, before deducting operating expenses.

Franchisor

A business entity that grants the right to use its business model and brand to an independent operator, known as a franchisee, in exchange for a fee.

Small Business Ownership

The operation and management of a small enterprise, typically characterized by a limited number of employees and relatively low volume of sales.

Franchising

A business model that allows individuals or entities to operate a store or restaurant by licensing a brand and business system from a franchisor.