After Posting a Request for Proposal (RFP)for Telecommunication Equipment, the Department

question 43

Multiple Choice

After posting a request for proposal (RFP) for telecommunication equipment, the Department of National Defence received six proposals from qualified vendors.With reference to the B2B buying process, in the next step, the Department of National Defence will most likely:

• A)recognize proposal obstacles that the firm must comply with.
• B)revise need recognition through external sources.
• C)invite alternative suppliers to bid on supplying what is requested.
• D)proceed to vendor performance assessment.
• E)evaluate the proposals and likely narrow the choice to a few suppliers.

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Definitions:

Ultra Vires

Acts or transactions conducted by a corporation that fall outside the scope of powers and purposes defined by its charter or laws; such acts may be invalid or unauthorized.

Clayton Act

The Clayton Act is a U.S. antitrust law, enacted in 1914, aimed at promoting competition and preventing monopolies by addressing specific practices not covered by the Sherman Act.

Interlocking Directorates

In antitrust law, a situation that occurs when individuals serve as directors for two corporations that are competitors.

Golden Parachute

A substantial financial package granted to a corporate executive upon termination, often after a takeover or merger.