If a Company Needed to Guarantee Through Contract and SLAs

question 57

Multiple Choice

If a company needed to guarantee through contract and SLAs that a cloud provider would always have available sufficient resources to start their services and provide a certain level of provisioning, what would the contract need to refer to?

• A) Limit
• B) Reservation
• C) Assurance
• D) Guarantee

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Definitions:

Variable

An element, feature, or factor that is liable to vary or change; in the context of finance and economics, it often refers to costs that fluctuate with the level of output or activity.

Fixed-Cost

Expenses that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.

Activity Level

A measure of the amount of work or operations conducted by a business or organization during a specific period.

Activity Index

A measure used to understand the level of activity in a particular area, such as production or sales, often used in planning and forecasting.