Which of the following scenarios BEST exemplifies the appropriate utilization of a Cold site in a business continuity plan?
A financial institution requires a fallback location with minimal disruption tolerance in its operations, as the online transactions must be sustained with high availability.
A company with a limited disaster recovery budget, which can tolerate a week-long disruption in its operations, requires a low-cost alternative office space to resume its business functions.
A tech start-up that offers real-time cloud services needs to ensure a rapid recovery time objective to maintain its customer service level agreements.
An online retailer with high transaction volumes, especially during holiday seasons, needs an immediate failover site to prevent revenue loss.