A ________ Is a Request Sent to Software Vendors Describing

question 63

Multiple Choice

A ________ is a request sent to software vendors describing a new system that an organization requires in broad, high-level terms, to which interested vendors can respond by describing the products and services that could fit the requirement.

• A)request for proposal
• B)request for information
• C)request for quotation
• D)request for tender

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Definitions:

Discounted Payback Period

The time period required to recoup the cost of an investment considering the present value of future cash flows, providing a more accurate reflection of profitability.

Required Rate

is the minimum return that investors expect from an investment, taking into account the risk level compared to the risk-free rate of return.

Net Present Value

A valuation method used to determine the attractiveness of an investment opportunity, calculating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

Profitability Index

A financial metric used to evaluate the desirability of an investment or project, calculated as the present value of future cash flows divided by the initial investment cost.