Multiple Choice
If the buyer does not have a clear and unambiguous description or specification and wants to find out which suppliers can deliver the best value when and where needed, he or she will typically issue a:
A) request for quotation RFQ) .
B) request for proposal RFP) .
C) request for information RFI) .
D) request for bid RFB) .
E) request for suggestions RFS) .
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The greatest opportunity to affect value in
Q4: Efficient and effective supply processes are needed
Q5: Online auctions have been most effective when:<br>A)
Q6: A bill of material BOM) includes a
Q7: Before embarking on an e-commerce path, the
Q9: Application software for the procurement process is
Q10: It is relatively difficult to develop a
Q11: The benefits) of participation in an e-marketplace
Q12: An online catalog is a digitized version
Q13: Poor internal compliance with supply processes may