The acronym RFP stands for:
A) Request for pricing
B) Request for proposal
C) Request for flat pricing
D) Request for fixed pricing

Question

Quizplus · Accepted Answer

RFP stands for Request for Proposal, which is a document that outlines specific requirements and requests for vendors or suppliers to submit a proposed solution, including pricing, for a project or business need. It is not solely focused on pricing, but also includes other factors such as approach, timeline, and qualifications.

The Acronym RFP Stands For