A localized incident or disaster can be addressed in a cost-effective manner by using which of the following?

Using joint operating agreements is an effective approach to managing a localized incident or disaster in a cost-efficient manner. These agreements allow organizations to collaborate and share resources during a crisis, which can significantly reduce individual costs and improve response times. By pooling resources, such as personnel, equipment, or facilities, organizations can enhance their capabilities to address emergencies without incurring the full expense of preparation and recovery on their own. Additionally, joint operating agreements can facilitate quicker mobilization and more coordinated responses, ultimately leading to reduced liability and increased resilience.

While other options like strict adherence to regulations, generators, and uninterruptible power supplies (UPS) are important in certain contexts, they do not inherently provide the same level of cost-effective collaboration and resource sharing as joint operating agreements. Strict adherence to regulations ensures compliance but does not directly address incident response costs. Generators and UPS systems are crucial for maintaining power during outages, but they represent fixed investments that do not leverage collaborative advantages like joint agreements do.