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Jacob needs to come up with a plan so that if a natural disaster was to strike their primary data center, another data center could be brought online within two days. Which of the following solutions should he recommend?
Accounting-based Incentive Plans
Compensation plans that reward employees based on meeting certain accounting metrics, such as earnings per share or return on assets.
Long-term Business Focus
A strategic approach that prioritizes sustainable growth, investments, and operational decisions that benefit a company in the long run rather than focusing on short-term gains.
Unwanted Attention
Undesirable focus or notice from others, often causing discomfort or distress.
Accounting Methods
Accounting methods refer to the rules a company follows in reporting revenues and expenses in its financial statements. The two main types of accounting methods are accrual basis and cash basis.
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