Which strategy should the company implement to meet these requirements?
Optimize operations
Use Savings Plans
Use pay-as-you-go pricing
Pay less by using more
Explanations:
Optimizing operations focuses on improving efficiency and reducing costs in current processes but does not inherently allow for flexibility in adapting to changing business needs without overcommitting budgets.
Savings Plans typically involve committing to a certain level of usage over a period of time in exchange for lower rates, which can limit flexibility in adapting to changing business needs and may lead to overcommitment of budget if needs fluctuate.
Pay-as-you-go pricing allows the company to pay only for the resources they use, providing maximum flexibility to adapt to changing business needs without the risk of overcommitting their budget. This approach is ideal for managing costs effectively in a dynamic environment.
“Pay less by using more” implies that increased usage leads to lower costs, which is counterintuitive and typically not sustainable. This strategy could lead to higher expenses if not managed correctly and does not support adaptability to changing needs.