What Type of Backup Strategy Would You Recommend to an Organization

question 30

Multiple Choice

What type of backup strategy would you recommend to an organization that deals with large volumes of critical information?

• A) Hourly
• B) Weekly
• C) Monthly
• D) All of these

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Definitions:

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a stock, bond, commodity, or other assets at a predetermined price within a set time frame.

Covered Call

An options strategy where an investor holds a long position in an asset and sells call options on that same asset to generate income from the option premiums.

Exchange-Traded Options

Options contracts that are traded on a regulated exchange rather than being dealt with privately between two parties.

OTC Options

Over-the-counter options are trades made directly between two parties, not on a formal exchange, tailored to the parties' requirements.