Which of the following is true of the hosted software model?

Group of answer choices

It is applicable only to multinational corporations $($MNCs$)$ and not to small and medium$-$sized enterprises $($SMEs$).$

It defines metrics to assess project progress and to identify project$-$related risks.

It keeps the scope of a project well defined and restricted to essential business processes.

It aims to help customers benefit from new technology while avoiding much of the associated complexity and high start$-$up costs.