Define Backup and Recovery and Explain the Importance of the Disaster

question 8

Essay

Define backup and recovery and explain the importance of the disaster recovery cost curve to an organization.

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Definitions:

Relatively Inelastic

Describes a situation where the demand for or supply of a good or service is relatively unchanged when the price changes.

Legal Services

Professional services provided by lawyers or legal practitioners concerning consultations, legal documentation, representation, and proceedings in court.

Household Electricity

Electrical energy supplied to homes for powering appliances, lighting, and heating.

Elasticity of Demand

A measure of how much the quantity demanded of a good changes in response to a change in its price.