An organization is currently performing a market scan for managed security services and EDR capability. Which of the following business documents should be released to the prospective vendors in the…

The correct answer is B. RFP D. RFI. RFI (request for information) The first phase in the contract requirement process, in which a company sends out notices to prospective vendors or contractors asking them for their experience and qualification in filling the business’s need for services or equipment. RFP…

Risk Management

Question

An organization is currently performing a market scan for managed security services and EDR capability. Which of the following business documents should be released to the prospective vendors in the first step of the process? (Select TWO).

Options

AMSA
BRFP
CNDA
DRFI
EMOU
FRFQ

How the community answered

(32 responses)

B
91% (29)
E
6% (2)
F
3% (1)

Explanation

RFI (request for information) The first phase in the contract requirement process, in which a company sends out notices to prospective vendors or contractors asking them for their experience and qualification in filling the business’s need for services or equipment. RFP (request for proposal) The second phase in the contract requirement process, in which a company asks prospective vendors or contractors for their proposed solutions to the business’s needs. RFQ (request for quote) The third phase in the contract requirement process, in which a company negotiates the financial details of their relationship with prospective vendors or contractors.

Topics

#RFP#RFI#vendor procurement#managed security services

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