When Building a Scalable System That Can Support New Company

question 48

Multiple Choice

When building a scalable system that can support new company developments what are the key factors to consider?

• A) Anticipating expected and unexpected growth
• B) Organizing and deploying additional resources
• C) Understanding competitor products and services
• D) Analyzing the accessibility and availability of competitor systems

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Definitions:

Supplies

Items used in the operation of a business that are not directly related to the production of goods or services, such as office supplies.

Prepaid Expenses

Payments made in advance for goods or services that will be received in the future.

Retained Earnings

The portion of a company's profits that is not distributed to shareholders as dividends but is instead reinvested in the business or held as a reserve.

Closing

The process of finalizing accounts at the end of an accounting period by clearing any balances and summarizing the financial activities.