What Occurs When the Ability of a Company to Operate

question 96

Multiple Choice

What occurs when the ability of a company to operate is impaired because of a hardware, software, or data outage?

• A) Technology failure
• B) Incident record
• C) Incident management
• D) Technology recovery strategy

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Definitions:

Selling Price

The price at which a product or service is sold to the purchaser, often determined by the cost of production, market demand, and competition.

Cost

The amount of money required to purchase something or the expense associated with creating a product or service.

Mark-up

The extra sum included in the goods' selling price to cover both overhead expenses and profit.

Selling Price

The amount of money for which a product or service is sold to a customer.