Barnes & Noble, the national bookstore chain, commissions a team of Business Analysts to research vendors who produce inventory management systems. The Business Analysts are more likely to prepare ______________ to collect bids.
A)requests for proposal (RFP)
B)entity relationship diagrams (ERD)
C)system development life cycle (SDLC)
D)work breakdown structure (WBS)

Question

Quizplus · Accepted Answer

Barnes & Noble, the national bookstore chain, commissions a team of Business Analysts to research vendors who produce inventory management systems. The Business Analysts are more likely to prepare Requests for Proposal (RFP) to collect bids.
Key Takeaway: RFPs are a specialized type of requirements document whereby a company requests proposals from external vendors offering needed products and/or services. The purpose behind RFPs is to encourage competitive bidding and to uncover the latest in technology, product and service development. Once competing external vendors submit their proposals, Barnes & Noble Business Analysts can rank them according to the quality of offerings and requested prices.

Barnes & Noble, the National Bookstore Chain, Commissions a Team