A Number of Large and Fast-Growing Companies Are Turning to Application

question 5

True/False

A number of large and fast-growing companies are turning to application service providers instead of developing or purchasing the application software they need to run their businesses.

---

Definitions:

Common Promotional Plan

A marketing strategy that employs varied promotional tools and resources to reach a broad audience effectively.

Consumer Transactions

Deals or agreements carried out between sellers and purchasers, specifically involving the acquisition of goods or services for personal, family, or household use.

Statutory Enactments

Laws or legal statutes officially passed and enacted by a legislative body.

Consumer Protection Statutes

Laws and regulations designed to ensure the rights of consumers as well as fair trade, competition, and accurate information in the marketplace.