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A Company Has Updated the Method It Uses to Initiate

Question 3

Multiple Choice

A company has updated the method it uses to initiate projects. The company requires RFPs from three vendors, and low and high bids must be rejected to determine the selected vendor. Which of the following terms describe this requirement?


A) Outsourcing
B) Business acquisition
C) Business process change
D) Internal reorganization

Correct Answer:

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