Which of the following is true of software as a service (SaaS)?
A) Firms spend more using SaaS.
B) It refers to software that is made available by a third-party online.
C) There are no accounting and corporate finance implications for SaaS.
D) Saas firms face diseconomies of scale.
E) SaaS vendors are less attuned to customer needs.

Question

Quizplus · Accepted Answer

SaaS refers to software that is made available by a third-party online, which is different from traditional software that is installed on individual computers. This model allows for greater flexibility and accessibility, as well as the potential for cost savings. The other options presented are not true of SaaS; firms may actually spend less using SaaS, there are accounting and finance implications, SaaS firms may have economies of scale, and SaaS vendors may be more attuned to customer needs due to the nature of the service.

Which of the Following Is True of Software as a Service