Question: 2 points How does a Request for Proposal ( RFP ) differ from a Request for Quote ( RFQ ) in the purchasing process? An
points
How does a Request for Proposal RFP differ from a Request for Quote RFQ in the purchasing process?
An RFQ is for internal use only, whereas an RFP is shared with external suppliers.
An RFP is a detailed capabilities document, while an RFQ is used to solicit bidspecific price and delive
An RFP and RFQ are essentially the same, with no significant differences.
An RFP is used for repeat purchases, while an RFQ is for new purchases.
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