Which term describes a document that outlines business requirements?

The term that best describes a document outlining business requirements is "Requirements Specification." This document serves as a comprehensive reference, detailing the necessary requirements that the business needs to fulfill its objectives and goals. It is crucial for guiding both the development and implementation phases of a project, ensuring that all stakeholders have a clear understanding of what is needed.

A well-crafted Requirements Specification includes functional and non-functional requirements, which can encompass various aspects such as performance criteria, usability factors, and regulatory compliance. By clearly defining these requirements, the document helps to align the project team and stakeholders around a shared understanding of the project scope and objectives, thus minimizing the risk of miscommunication or scope creep during the project lifecycle.

The other options serve different purposes: a Business Case typically justifies the initiation of a project or investment by outlining benefits, costs, and risks; a Business Analysis Report presents findings and insights gathered during an analysis phase but may not focus exclusively on requirements; and a Change Request is a formal proposal to modify an existing requirement or project scope, not specifically a document that outlines business requirements from the start. This context helps highlight why "Requirements Specification" is the appropriate and precise choice.