When a company solicits RFPs from suppliers with an open vendor search,the goal is to __________________.

Question

Quizplus · Accepted Answer

Companies frequently solicit proposals from a number of vendors. One reason for this is that getting additional proposals helps in negotiating with the preferred vendor. When a vendor is aware that other proposals are under consideration, that vendor works harder to meet the expectations of the customer.

When a Company Solicits RFPs from Suppliers with an Open