A Hot Site Is a Separate and Fully Equipped Facility

question 53

True/False

A hot site is a separate and fully equipped facility where the company can move immediately after a disaster and resume business.

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Definitions:

Test And Learn

A method that involves experimenting with ideas to gather data and insights for making informed decisions.

Experimentation

The process of conducting trials to test hypotheses, explore new ideas, or validate the effects of changes.

Established Companies

Firms that have been in business for a significant period and have developed a stable, profitable business model.

MVP

Stands for Minimum Viable Product, which is the version of a new product that allows a team to collect the maximum amount of validated learnings about customers with the least effort.