Request for quotation (RFQ) is_______________?
Correct answer: C. a document that communicates business, technical, and support requirements for an application software package to a single vendor that has been determined as being able to supply that application package and service
- A. a document that compares business and technical requirements of a commercial application package against the capabilities and features of a specific commercial application package
- B. a document that communicates business, technical, and support requirements for an application software package to vendors that wish to compete for the sale of that application package and services
- C. a document that communicates business, technical, and support requirements for an application software package to a single vendor that has been determined as being able to supply that application package and service
- D. a contract with management and the user community to develop or enhance an information system
Explanation
An RFQ is commonly directed to a known supplier to obtain a price for a specified package or service, matching option c. Option b more closely describes an RFP issued to competing vendors, although procurement terminology can vary between organizations.
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