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Questions and Answers
Which of the following best describes Cloud Unit Economics?
Which of the following best describes Cloud Unit Economics?
- A system of profit maximization based on subjective measurements of how well your organization is performing against its overall business goals
- A system of profit maximization based on objective measurements of how well your organization is performing against its overall business goals
- A system of profit maximization based on subjective measurements of how well your organization is performing against its FinOps goals
- A system of profit maximization based on objective measurements of how well your organization is performing against its FinOps goals (correct)
What is the purpose of measuring unit costs in the context of Cloud Unit Economics?
What is the purpose of measuring unit costs in the context of Cloud Unit Economics?
- To compare the growth of cloud spend with the growth of the business
- To calculate the total revenue generated by your organization's cloud spend
- To determine the profitability of your organization's cloud spend
- To identify areas where cloud spend is being wasted (correct)
How can practitioners determine if their cloud spend is in line with their overall business growth?
How can practitioners determine if their cloud spend is in line with their overall business growth?
- By measuring the unit costs of cloud spend
- By calculating the total revenue generated by cloud spend
- By leveraging the measurement of marginal cost
- By comparing the growth of cloud spend with the growth of the business (correct)
What is the potential concern if cloud spend is growing faster than the business?
What is the potential concern if cloud spend is growing faster than the business?
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In the context of Cloud Unit Economics, what is a measuring unit?
In the context of Cloud Unit Economics, what is a measuring unit?
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