Multiple Choice
Which of the following is a consequence of a 'Request for Quotation (RFQ) '?
A) Suppliers submit general information that may help them to qualify for a potential tender.
B) Suppliers are invited to submit a general tender.
C) Suppliers are invited to submit general information that will result in them being awarded a supply contract.
D) Suppliers are invited to submit a detailed bid which meets the requirements as laid down in the request for quotation against the lowest possible price (identical to request for tender) .
Correct Answer:

Verified
Correct Answer:
Verified
Q7: Which of the following explains 'Total Cost
Q8: Which of the following activities is part
Q9: Which of the following is an explanation
Q10: Which of the following explain a situation
Q11: Which of the following is not a
Q13: Which of the following explains global sourcing? <br>A) Products
Q14: Which of the following explains the 'Value
Q15: Which of the following are indirect materials? <br>A) Transport <br>B) Raw
Q16: Which of the following are not forms
Q17: Which of the following situations explains 'primary