Examlex
Which of the following is the most commonly employed strategy of influencing legislation?
Request for Proposal (RFP)
A document issued by a company asking for detailed proposals from potential suppliers or contractors for a specific project or service.
Specifications
Detailed descriptions of the requirements, characteristics, or performance standards of a product, service, or material.
Request for Quotation (RFQ)
A formal solicitation process where suppliers are asked to provide bid proposals on specified goods or services, including price and delivery details.
Supplier Risk
The potential for negative impacts to a company's operations, profitability, or reputation resulting from its suppliers' actions or inactions.
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