Final answer:
The criteria for determining impact, urgency, and priority in the business context are often defined within the framework of project management.
Step-by-step explanation:
The criteria for determining impact, urgency, and priority are defined in various contexts depending on the subject matter. In the field of business, criteria for impact, urgency, and priority are often defined within the framework of project management. In project management, the criteria may include factors such as potential financial impact, timeline urgency, and strategic importance. These criteria are used to assess and prioritize projects, tasks, or issues based on their relative importance and urgency.