An RFP is known as an acronym for ____, and is described as _______:
a. requests for purchases; an inventory of items necessary by a B2B firm, along with all needed drawings and specifications
b. requirement for performance; a request placed through marketing channels whereby one firm requisitions activities or actions from another firm
c. request for proposals; a common process through which companies invite alternative vendors to bid on supplying them with their required necessary specifications or components
d. requisition for parts; a full listing of items necessary by a B2C firm, along with all the required drawings and specifications
e. requirement for products; a complete specification and description of the goods needed by a particular firm in the wholesale marketplace
Answer: c. request for proposals; a common process through which companies invite alternative vendors to bid on supplying them with their required necessary specifications or components
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Marketing
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