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
Q4: Electronic data interchange (EDI)provides:
A)secure transmission of large
Q4: The benefits) of participation in an e-marketplace
Q5: Application software for the procurement process is
Q7: Before embarking on an e-commerce path, the
Q7: Radio frequency identification (RFID)will:
A)eliminate bar coding and
Q8: Online auctions have been most effective when:
A)
Q11: It is relatively difficult to develop a
Q13: A reverse auction is an online, real
Q14: Efficient and effective supply processes are needed
Q27: A process is a set of activities
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