Each of the Following Is One of the Best Characteristics

question 31

Multiple Choice

Each of the following is one of the best characteristics of effective service level agreements (SLAs) except:

• A) agreements are adjusted periodically.
• B) agreements are defined by location, function, and service type.
• C) agreements specify minimums, penalties, and incentives.
• D) agreements are based on historical occurrences.

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Definitions:

Utility Function

A mathematical representation of a consumer's preference ranking for bundles of goods, showing the level of satisfaction derived from each bundle.

Cow Feed

A type of animal feed specifically formulated to meet the nutritional needs of cows.

Consumption

The act of using up goods and services to meet personal or collective needs or desires, typically measured within an economy over a period.

Utility Function

A mathematical representation of how consumers rank different bundles of goods according to the level of satisfaction or utility those goods provide.