PK0-004 · Question #1000
A customer is soliciting vendors to develop a product. Which of the following BEST describes this document?
The correct answer is D. RFP. An RFP (Request for Proposal) is the correct document when a buyer wants vendors to propose how they would develop or deliver a product or service. The buyer describes what they need, and vendors respond with their approach, timeline, and pricing. An RFI (Request for…
Question
A customer is soliciting vendors to develop a product. Which of the following BEST describes this document?
Options
- ARFI
- BPO
- CRFQ
- DRFP
How the community answered
(30 responses)- B3% (1)
- C3% (1)
- D93% (28)
Explanation
An RFP (Request for Proposal) is the correct document when a buyer wants vendors to propose how they would develop or deliver a product or service. The buyer describes what they need, and vendors respond with their approach, timeline, and pricing. An RFI (Request for Information) is used to gather general market information before committing to procurement. An RFQ (Request for Quotation) is used when the scope is fully defined and the buyer only needs pricing. A PO (Purchase Order) is issued after a vendor is selected to authorize the purchase.
Topics
Community Discussion
No community discussion yet for this question.