A Company Has Updated the Method It Uses to Initiate

question 386

Multiple Choice

A company has updated the method it uses to initiate projects. The company requires RFPs from three vendors, and low and high bids must be rejected to determine the selected vendor. Which of the following terms describe this requirement?

• A) Outsourcing
• B) Business acquisition
• C) Business process change
• D) Internal reorganization

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Definitions:

Country Villas

Residential buildings located in the countryside, often designed as retreats for the wealthy, with architectural emphasis on leisure and connection to nature.

Zen Buddhism

A school of Mahayana Buddhism that emphasizes meditation and intuition rather than ritual worship or study of scriptures.

Rigorous Discipline

A strict or demanding system of training, emphasizing precision, order, and efficiency, often used in academic, military, or personal development contexts.

Individual Salvation

Refers to the concept in various religions and philosophies where an individual seeks or attains liberation or salvation on a personal level, as opposed to through a collective community or institution.