ABC Electronics Wants Someone to Install a Top-Of-The-Line Security System

question 32

Multiple Choice

ABC Electronics wants someone to install a top-of-the-line security system in its two buildings, a system that not only sounds an alarm but also simultaneously notifies authorities and the company president. Video surveillance of the premises should also be a capability of the security system. In order to obtain price quotes, what should ABC Electronics write?

• A) an unsolicited proposal
• B) an internal proposal
• C) an external proposal
• D) a request for proposals

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Definitions:

Trust Fund

A legal entity established to hold assets on behalf of individuals or organizations, often used for wealth management or to set aside money for specific purposes.

Social Security

A government program that provides financial assistance to people with an inadequate or no income, particularly the elderly, disabled, and families with dependent children.

Surpluses

Surpluses are situations in which the supply of a good or service exceeds its demand, often leading to lower prices.

Ronald Reagan

The 40th President of the United States, serving from 1981 to 1989, known for his conservative policies, economic reforms, and role in ending the Cold War.