The ____ is a solicitation document that is used by organizations to obtain general information about services,products,or suppliers and is used generally before a specific requisition of an item is issued.

Question

Quizplus · Accepted Answer

RFI (Request for Information) is a solicitation document that is used by organizations to obtain general information about services, products, or suppliers and is used generally before a specific requisition of an item is issued. RFQ (Request for Quotation) is used to request price and delivery for specific products or services, whereas RFP (Request for Proposal) is used to request proposals for a specific project or requirement. PO (Purchase Order) is a document that is issued to a supplier to indicate the agreed-upon terms for the purchase of goods or services. E-auction is a process of procuring goods or services through an online bidding process.

The ____ Is a Solicitation Document That Is Used by Organizations