Examlex
Which,if given as the answer to "Name a mammal," would be marked incorrect?
RFP Process
Stands for Request for Proposal process, a step-by-step approach through which an organization solicits bids from potential suppliers or service providers for a specific project or procurement.
Vendor Performance
The assessment and review of a supplier's delivery of goods or services against agreed-upon metrics and standards.
Business-To-Business Buying
The process by which businesses purchase goods or services from other businesses for use in production, operations, or resale.
RFP
An acronym for Request for Proposal, a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.
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