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:

Price Floor

A government-imposed minimum price for goods or services, intended to prevent prices from falling below a certain level.

Market-clearing Price

The price at which the quantity demanded by buyers equals the quantity supplied by sellers, eliminating any surplus or shortage in the market.

Surplus

The condition in which the quantity of a good or service supplied exceeds the quantity demanded at the current price.

Foreign Currency

Currency used in a country other than one's own, involved in international trade, investments, and travel.