________ and ________ Are Approaches to Evaluating Vendor Proposals That

question 58

Multiple Choice

________ and ________ are approaches to evaluating vendor proposals that do not incorporate dollar estimates of costs or benefits.

• A) Benchmark problem; point scoring
• B) Point scoring; requirements drafting
• C) Requirements drafting; benchmark problem
• D) All methods mentioned above include cost information.

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Definitions:

Investment Incentives

Benefits, typically in the form of tax reductions or credits, offered to encourage investment by individuals and corporations.

Loanable Funds

A term referring to all the money available for borrowing in the financial markets, from various sources including savings and investments.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal, typically over a one-year period.

Investment

The act of spending money with the expectation of obtaining an additional income or profit, often involving financial investments, purchasing assets, or funding new business ventures.