The three options for soliciting business from potential suppliers are:
A) request for information (RFI) ,request for quotation (RFQ) and request for proposal (RFP) .
B) request for quotation (RFQ) ,request for proposal (RFP) and request or invitation for bid (RFB or IFB) .
C) request for quotation (RFQ) ,request for confirmation (RFC) and request for proposal (RFP) .
D) request for information (RFI) ,request for proposal (RFP) ,and request or invitation for bid (RFB or IFB) .
E) request for quotation (RFQ) ,request for price (RFP) ,and request or invitation for bid (RFB or IFB) .
Correct Answer:
Verified
Q1: Information systems technology can:
A)increase data accessibility and
Q2: Application software for the procurement process is
Q3: Invoice clearance and payment procedures:
A)are best performed
Q4: Electronic data interchange (EDI)provides:
A)secure transmission of large
Q5: Small dollar value purchase orders for MRO
Q6: If the buyer does not have a
Q7: Radio frequency identification (RFID)will:
A)eliminate bar coding and
Q8: Online reverse auctions have been most effective
Q9: Corporate purchasing cards are issued to:
A)internal customers
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