What type of vendor assessment is concerned with the ongoing financial stability of a vendor?

Vendor viability is focused on evaluating the ongoing financial stability of a vendor. This assessment is crucial for organizations that rely on third-party vendors for critical services or products, as it helps ensure that the vendor is financially sound and capable of fulfilling their commitments over time. Ongoing financial stability is vital not only for maintaining service continuity but also for minimizing the risks associated with vendor insolvency, which could lead to disruptions in the services provided.

By assessing vendor viability, organizations can make informed decisions about whether to engage with a vendor, continue their partnership, or seek alternatives. This type of assessment often involves reviewing the vendor's financial statements, credit ratings, and any relevant market positions or trends that could impact their future ability to deliver.

The other options pertain to different aspects of vendor relationships. Source code escrow relates to ensuring that source code is held in trust and can be accessed under specific conditions. Vendor lock-in refers to the challenges organizations face when they become dependent on a vendor's technology, making it difficult to switch providers. Vendor lockout generally discusses scenarios where a vendor prevents a customer from accessing their services or data. Each of these plays a role in vendor management but does not specifically address the ongoing financial stability of a vendor in the same way that vendor viability does