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When Selecting a Vendor,an Organization Needs a Description of the Responsibilities

question 30

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When selecting a vendor,an organization needs a description of the responsibilities to be outsourced and an invitation to potential providers to present their proposal for carrying out the job.What is this called?


Definitions:

Required Return

The minimum rate of return on an investment that investors expect or require to compensate for risks taken.

Beta

A measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Minimum Variance Portfolio

The minimum variance portfolio represents an investment portfolio constructed to achieve the lowest possible volatility or risk for its expected return, based on the correlation between assets.

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