A ____ is a less formal method that uses a standard form to request information about a product or service.
A) request for quotation (RFQ)
B) request for system services (RFSS)
C) request for proposal (RFP)
D) request for information (RFI)

Question

Quizplus · Accepted Answer

A request for information (RFI) is a less formal method that uses a standard form to request information about a product or service. It is often used in the early stages of procurement to gather information and determine if a vendor or product can meet the needs of the organization. A request for quotation (RFQ) is a more formal method used to solicit bids from vendors for a specific product or service. A request for proposal (RFP) is a formal document that outlines the requirements for a project and invites vendors to submit proposals to meet those requirements. A request for system services (RFSS) is not a common term used in procurement processes.

A ____ Is a Less Formal Method That Uses a Standard