CompTIA Project+ (PK0-004) — Question 5

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?

Answer options

Correct answer: A

Explanation

The correct answer is A, Outsourcing, as it involves hiring external vendors to handle certain business functions. The other options do not apply: Business acquisition refers to acquiring another company, Business process change relates to altering internal procedures, and Internal reorganization signifies changes within the company's structure without involving external vendors.