Cloud Computing,such as Apple's ICloud,enables Businesses and Consumers to Share

question 218

Multiple Choice

Cloud computing,such as Apple's iCloud,enables businesses and consumers to share one's data or use a firm's software application like Microsoft Office directly from that firm's or a third party's server over the Internet or wirelessly rather than having that data file or program reside on a personal computer.This is an example of a change in the __________ marketing environment.

• A)regulatory
• B)sociocultural
• C)competitive
• D)technological
• E)marketing mix

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Definitions:

Expected Profit

An estimate of the amount of profit that a business anticipates earning over a specific period, based on forecasts and assumptions about future conditions.

Optimal Number

The best or most efficient quantity to achieve a specific goal, often relating to production, inventory levels, or workforce sizing.

Souvenirs

Items purchased or obtained as a reminder of a particular place, event, or experience.

Demand Independence

The condition where the demand for one product does not directly affect the demand for another, allowing for independent forecasting.