Which of the following is used when purchasing specifications can be clearly stated (for relatively small purchases)?

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RFQ (Request for Quotation) is used when purchasing specifications can be clearly stated for relatively small purchases. It allows the buyer to receive quotes from potential vendors and choose the best option based on price, quality, and other factors. RFI (Request for Information) is used when the buyer is still exploring options and gathering information. IFB (Invitation for Bid) is used for larger purchases and requires more formal bidding processes. Verbal quotes are not recommended for purchasing as they do not provide a written record and can lead to misunderstandings.

Which of the Following Is Used When Purchasing Specifications Can