A request for quotations (RFQ) may be involved in the case of:
A) non-repetitive purchases.
B) purchases from unqualified suppliers.
C) routine product purchases.
D) standard product purchases.
E) international product purchases.

Question

Quizplus · Accepted Answer

An RFQ is typically used for non-repetitive or non-standard purchases, as it allows the purchaser to gather pricing information from multiple suppliers before making a decision. For routine, standard, or international purchases, the purchaser may already have established suppliers or pricing agreements in place. RFQs are particularly useful for complex or customized products or services, where specifications may vary widely and the purchaser needs additional information to make an informed decision.

A Request for Quotations (RFQ) May Be Involved in the Case