If the buyer has a clear and unambiguous description or specification,and wants to find out which supplier can deliver the best value when and where needed,he or she will typically issue a:
A)request for proposal (RFP).
B)request for information (RFI).
C)request for bid (RFB).
D)request for price (RFP).
E)request for quotation (RFQ).

Question

Quizplus · Accepted Answer

A request for quotation (RFQ) is used when the buyer has a clear and unambiguous description or specification and wants to find out which supplier can deliver the best value when and where needed. RFQs are typically used when the buyer has already decided on the general type of product or service needed and is looking for the best price and/or delivery terms from potential suppliers. Requests for proposal (RFPs) are used when the buyer needs a detailed proposal from potential suppliers, typically for more complex or specialized products or services. Requests for information (RFIs) are used for gathering information and pre-qualifying suppliers, while requests for bid (RFB) and request for price (RFP) are similar and used to solicit competitive bids or pricing from potential suppliers.

If the Buyer Has a Clear and Unambiguous Description or Specification,and