What is essential for the long-term support of a purchased product from a vendor?

Prepare for the CISA Domain 2 Exam. Use flashcards and multiple-choice questions with hints and explanations to get exam ready!

The long-term support for a purchased product from a vendor fundamentally relies on the financial soundness of that vendor. A financially stable vendor is more likely to remain in business, provide ongoing support, and invest in the continued development of their products. This stability ensures that the vendor can meet maintenance needs, offer updates, and supply any necessary patches or enhancements over time.

When a vendor is financially sound, it indicates that they have the resources to maintain operations, support their products, and respond to customer needs, significantly contributing to the sustainable relationship between the vendor and the organization that has purchased their product.

In contrast, options that focus on immediate capabilities or similarities in financial standing may not address the underlying long-term viability and reliability that the purchasing organization requires for ongoing support. Additionally, the extent of a vendor's current obligations doesn't necessarily indicate their ability to support new customers or maintain service levels for existing products. Thus, the best indicator of long-term support is indeed the financial soundness of the vendor.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy