A Document Provided to Vendors That Asks Them to Propose

question 9

Short Answer

A document provided to vendors that asks them to propose hardware and system software that will meet the requirements of a new system is called a ________.

---

Definitions:

Reducing Headcount

A strategy used by businesses to lower expenses by decreasing the number of employees through layoffs, attrition, or retirements.

White Knights

Third-party entities that come to the rescue of a company facing a hostile takeover by making a more favorable offer.

Takeovers

The acquisition of one company by another, which can be achieved through purchasing a controlling interest in the target company's stock.

Social Glue

This concept pertains to the elements, such as shared values, norms, or activities, that hold a group or society together by fostering cohesion and a sense of belonging among its members.