Justify how a cost-benefit analysis will help to focus the vendor selection process.

Discuss the difference between a request for information and a request for a proposal.

a.Explain why one might be preferred.

b.Explain why both may be used.

Explain the elements included in writing a request for a proposal and the information included in each element.

.Discuss how you would establish a good working relationship with vendors and company representatives involved in the selection process for new technology.

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A costbenefit analysis is a crucial tool in the vendor selection process as it helps to objectively compare the costs and benefits of different vendor... View the full answer