Case-Based Critical Thinking Questions Case 3-1 Dan Is a Small

question 69

Multiple Choice

Case-Based Critical Thinking Questions Case 3-1 Dan is a small business owner who depends on his computer to keep track of customer and sales data. He is investigating storage options because it is critical for him to ensure that his data is safe in the event of a computer failure. A friend of Dan suggested to him that he can use an external hard drive for his data storage and backup needs. To use an external hard drive, Dan should make sure that his computer has an available USB or ____ port.

• A) ScanDisk
• B) Zip
• C) flash
• D) FireWire

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Definitions:

Autonomous Consumption

Consumption expenditure that occurs when income levels are zero, reflecting basic survival expenses.

International Oil Price

The cost per barrel of crude oil on the global market, influenced by supply and demand, geopolitical events, and other factors.

Adverse Supply Shock

An unexpected event that suddenly decreases the supply of a commodity or service, leading to increased prices and reduced output.

OPEC

OPEC, the Organization of Petroleum Exporting Countries, is an international cartel whose mission is to coordinate and unify the petroleum policies of its member countries to ensure stable oil markets.