Examlex
A functional organization allows for adequate planning as the number of products and markets of a firm increases.
Cold Site
A backup site for IT operations that is equipped with infrastructure but does not have active systems or data, ready to be used in case of a disaster.
Application
A rephrased definition: Programs or software designed to fulfill particular purposes for the user.
Cold Site
A backup facility that is kept in reserve, equipped with infrastructure but without active hardware or software until needed.
Risk Transference
A risk management technique where the potential impact of a risk event is shifted from one party to another, often involving insurance or contracts.
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