After You Develop and Send Out an RFP, What Would

question 78

Multiple Choice

After you develop and send out an RFP, what would you do next?

• A) Evaluate RFP returns and select a vendor
• B) Create a service level agreement (SLA)
• C) Test and accept the solution
• D) You would need to complete all of these steps

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Definitions:

Price

The cost at which something is being sold, reflecting the value that consumers or purchasers assign to a good or service.

Utility

An economic term referring to the total satisfaction received from consuming a good or service.

Marginal Utility

The increased gratification or utility derived from the consumption of an extra unit of a good or service.

Energy Drink

A type of beverage containing stimulant compounds, usually caffeine, that is marketed as providing mental and physical stimulation.