7/4/25, 9:46
PM
MBA 703 LSUS FINAL GHERFAL ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE
SOLUTIONS VERIFIED LATEST UPDATE GRADED A+ 2025/2026
Terms in this set (111)
low marginal costs, huge and important industry
network effects, and
switching costs have
combined to help
create a
software industry is open source software, cloud computing, and software
undergoing significant as a service.
and broadly impactful
change brought
about by several
increasingly adopted
technologies,
including
software industry includes marginal cost, open source software (OSS),
cloud computing, software as a service (SaaS),
and virtualization
Marginal cost Cost of producing one more unit of a product
Is effectively zero to produce an additional copy of a
software product
Open source software Software that is free and where anyone can look at and
(OSS) potentially modify the code
Cloud computing Replacing computing with services provided over the
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15
, 7/4/25, 9:46
PM
Internet
Software as a service Firm subscribes to a third-party software and
(SaaS) receives a service that is delivered online
Virtualization Technology that can make a single computer behave
like many separate computers
can offer a degree of Network effects and switching cost
customer preference
and lock in
virtualization also Helps consolidate computing resources and
creates additional savings and efficiencies
Linux Open source software operating system
Source code for OSS openly shared,
products Can be changed and redistributed by anyone.
the practice of Treat their intellectual property as closely guarded
conventional software secrets.
firms Almost never provide the source code for their
commercial products.
LAMP Acronym for Linux, Apache Web server
software, MySQL database, and
Perl/Python/PHP
LAMP Powers many of the sites visited each day, from Facebook to
YouTube.
OPEN SOURCE Seen by some firms as a threat that undermines their
SOFTWARE economic model
OPEN SOURCE Cost Free alternatives to costly commercial code can be a
tremendous motivator.
OPEN SOURCE The more people who look at a program's code,
Reliability the greater the likelihood that an error will be
2/
15
PM
MBA 703 LSUS FINAL GHERFAL ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE
SOLUTIONS VERIFIED LATEST UPDATE GRADED A+ 2025/2026
Terms in this set (111)
low marginal costs, huge and important industry
network effects, and
switching costs have
combined to help
create a
software industry is open source software, cloud computing, and software
undergoing significant as a service.
and broadly impactful
change brought
about by several
increasingly adopted
technologies,
including
software industry includes marginal cost, open source software (OSS),
cloud computing, software as a service (SaaS),
and virtualization
Marginal cost Cost of producing one more unit of a product
Is effectively zero to produce an additional copy of a
software product
Open source software Software that is free and where anyone can look at and
(OSS) potentially modify the code
Cloud computing Replacing computing with services provided over the
1/
15
, 7/4/25, 9:46
PM
Internet
Software as a service Firm subscribes to a third-party software and
(SaaS) receives a service that is delivered online
Virtualization Technology that can make a single computer behave
like many separate computers
can offer a degree of Network effects and switching cost
customer preference
and lock in
virtualization also Helps consolidate computing resources and
creates additional savings and efficiencies
Linux Open source software operating system
Source code for OSS openly shared,
products Can be changed and redistributed by anyone.
the practice of Treat their intellectual property as closely guarded
conventional software secrets.
firms Almost never provide the source code for their
commercial products.
LAMP Acronym for Linux, Apache Web server
software, MySQL database, and
Perl/Python/PHP
LAMP Powers many of the sites visited each day, from Facebook to
YouTube.
OPEN SOURCE Seen by some firms as a threat that undermines their
SOFTWARE economic model
OPEN SOURCE Cost Free alternatives to costly commercial code can be a
tremendous motivator.
OPEN SOURCE The more people who look at a program's code,
Reliability the greater the likelihood that an error will be
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