What is requisition for quotation (RFQ)?
Answers were Sorted based on User's Feedback
Answer / gurmeet singh
Sometimes the buyer decides a request for quotation (RFQ)
is required by other suppliers to determine the best price
for the goods or services requested. Once the quote is
back, that information is used to finalize the purchase
order.
Is This Answer Correct ? | 10 Yes | 3 No |
Answer / kishore
An RFQ is a formal application or proposal to a supplier of
goods and services who can be evaluated and qualified
generally based on the written documents (quotes). These
quotes basically determines the pricing/contract
agreements. Once the supplier is qualified, the bid is
awarded by the Central purchasing department.
Is This Answer Correct ? | 2 Yes | 0 No |
What is requisition for quotation (RFQ)?
What are the different label of management that are found a large organization?
What is the basic deference between goals and objective?
who is management guru? what base he selected as a management guru?
How to make Private company into public limited company ?
What worked and what didn't?
0 Answers John Clark Motor Group,
what is the fullform of CHAPTA? when would this form?
In Excell sheet how v-lookup can be used?
Differentiate between strategic and tactical decisions?
State your career goals five years from now.
what is know about bcpl
A. What is the system approach to management? Explain the salient features of this approach. B. Describe various managerial skills briefly. Discuss the roles these skills could play in building an institution
3 Answers ABC, College School Exams Tests, FV, Infosys, Titan,