Chapter 15, Problem 4MBD

Explanation of Solution

Five ways that Google Docs can help teams to collaborate more efficiently are the following:

• People can share documents online without having to send numerous emails to each other.
• People can store documents in one place.
• People can make changes and save documents using Google Docs.
• People can find the documents easily and quickly.
• People can restrict access to a given document.

Google Docs:

Google Docs is open source software. Open source software is a software whose source code is available for everyone to use for free. The source code is the code written by a programmer telling the computer software the actions needed to be executed.

Revenue model of Google docs:

Google has its revenue generating strategy where it provides the basic features for free but provides the premium features to the users who pay for it...