Final answer:
A Resource Group is a container in Microsoft Azure for holding related resources for a cloud solution. It allows for organized management and administration of Azure services, simplifying tasks such as applying policies, monitoring costs, and setting permissions across the cloud resources.
Step-by-step explanation:
A Resource Group is a container that holds related resources for an Azure solution. In Microsoft Azure, a resource group is a critical concept that allows users to group related resources for cloud applications. This structural component enables you to organize and manage all the components of your cloud solution in a cohesive and accessible manner. Each resource group can contain a variety of resources, including but not limited to virtual machines, storage accounts, and virtual networks.
An essential practice for Azure administration involves organizing resources into resource groups based on their lifecycle, purpose, or other administrative boundaries. This allows for easier management, collectively apply policies, and monitoring of costs and resources usage. It's also significant for establishing access control and permissions settings at the group level, which can then be inherited by the contained resources.