The _____ is a solicitation document that is used by organizations to obtain general information about services, products, or suppliers.
A)e-RA
B)PO
C)RFP
D)RFI
E)RFQ

Question

Quizplus · Accepted Answer

RFI (Request for Information) is a solicitation document that organizations use to obtain general information about services, products, or suppliers. It is commonly used when organizations are unfamiliar with the marketplace or want to gather information to potentially issue a Request for Proposal (RFP) or Request for Quotation (RFQ) later on. PO (Purchase Order) is a document that is created by a buyer to request goods or services from a supplier. An e-RA (e-Reverse Auction) is a type of auction where potential suppliers bid against each other for a contract or project. An RFP (Request for Proposal) is a solicitation document that organizations use when they have a specific need and want suppliers to propose solutions to meet that need. An RFQ (Request for Quotation) is a solicitation document that organizations use when they have a specific need and want suppliers to provide pricing for goods or services.

The _____ Is a Solicitation Document That Is Used by Organizations