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A Potential Response to the Risk Event of a Defective

question 41

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A potential response to the risk event of a defective server might be the inclusion of a clause in a contract with the supplier to replace a defective server within a certain time period at a negotiated cost.

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Definitions:

Overestimate

To assess something as greater, larger, or more important than it actually is.

Predicted

Expected or forecasted based on current data or trends.

Mental Set

A tendency to approach situations in a certain way because that method worked in the past.

Procedures

Established methods or steps followed to accomplish a particular task or to conduct an experiment.

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