What is a recommended practice for managing virtualized hardware in a cloud environment?

Implementing multi-cloud strategies to diversify risk is a recommended practice for managing virtualized hardware in a cloud environment because it allows organizations to distribute their workloads across multiple cloud providers. This approach enhances redundancy and availability, as it helps mitigate the impact of potential outages or performance issues from a single provider. By leveraging various cloud services, organizations can also take advantage of the best features, pricing, and capabilities that different platforms offer, thereby optimizing their overall cloud strategy.

This practice supports resilience and flexibility in cloud-based infrastructures, making it easier to adapt to changing business requirements or technological advancements. Additionally, a multi-cloud strategy can improve data governance and compliance, allowing businesses to select providers that best meet regulatory needs for specific workloads.

The other options suggest practices that can introduce risks or limitations. Using a single hypervisor may lead to a single point of failure, while choosing the cheapest provider can compromise service quality and security. Limiting monitoring reduces the ability to quickly identify and address issues, which can lead to more significant problems over time.