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What Is a Backup

question 23

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What is a backup?


Definitions:

Add Value

The process of enhancing a product or service before offering it to customers, increasing its value and appeal.

Online Reverse Auction

An auction where sellers bid to provide goods or services to a buyer, with prices typically decreasing over time.

Upfront Preparation

The initial set of activities and efforts undertaken before starting a project or process to ensure readiness and planning.

Significant Cost

A substantial financial expenditure that can impact an organization's budget, financial planning, and profitability, often requiring careful consideration and management.

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