A Contract That Defines the Quality and Performance Metrics That

question 10

Multiple Choice

A contract that defines the quality and performance metrics that are agreeable to both parties is called an:

• A) SOP.
• B) SOA.
• C) SOW.
• D) SLA.

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Definitions:

Commodification

The process of treating goods, services, ideas, or people as commodities, thus making them subject to trade in a market.

Nationalization

The process by which a government takes control of a previously private sector business or industry.

Political Freedom

The degree to which individuals are able to participate in the political life of their society without repression.

Evade Taxation

The illegal practice of avoiding the payment of taxes owed by using deceitful or unlawful means.