When Companies Use a ____, They Already Know the Specific

question 100

Multiple Choice

When companies use a ____, they already know the specific products or service they want and need to obtain price quotations or bids from vendors.

• A)request for quotation (RFQ)
• B)net present value (NPV)
• C)request for proposal (RFP)
• D)return on investment (ROI)

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Definitions:

Flood Basalts

Large-scale volcanic events characterized by the rapid flow of basalt lava that covers vast areas of the Earth's surface.

Rapid Subduction

A geologic process involving the quick descent of one tectonic plate beneath another plate into the mantle, often leading to significant geological events like earthquakes and volcanism.

Shield Volcanoes

These are characterized by their extensive size and gentle slopes, produced by the effusion of low-viscosity lava that can travel far from the source.

Basalt Lava

Molten rock that emerges from the earth during a volcanic eruption, characterized by its high iron and magnesium content, and low viscosity.