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Delvig [45]
3 years ago
9

When several different vendors and/or products are candidates and you want to solicit competitive proposals and quotes, what wou

ld you use?A) Request for proposal (RFP)B) Request for quotation (RFQ)C) Request for specification (RFS)D) Request for design (RFD)E) None of these
Business
1 answer:
VMariaS [17]3 years ago
8 0

Answer:

A) Request for proposal (RFP)

Explanation:

Request for proposal is a document generated by a company which is basically describing its need and criteria for fulfilling the requirement by the company. In this the company demands proposals for the eligible vendors fulfilling the criteria and requirement as mentioned in the request for proposal.

When there are competitive proposals then company can prepare this and ask the vendors eligible to put there conditions and letters so that the most favorable ones can be asked to put the quotations.

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If Project Repat were to acquire another firm that makes or sells similar products in similar markets, it would be an example of
SVEN [57.7K]

Answer:

b. Horizontal merger.

Explanation:

Project Repat is merging with a company that produces similar products to its own markets them in similar markets as well, this is an example of a horizontal merger that results in increased synergies between the similar firms and a greater market share opportunity.

Vertical mergers are usually not in the same industry. They would either be with the suppliers of Project Repat or customers who retail Project Repat's products.

Conglomerate is an example of diversification and usually the merging firms have different operations.

There are no information of clashes of any sort within the two  merging companies so it is uncertain whether this is a hostile takeover.

Hope that helps.

3 0
3 years ago
The amount of product available to the market is known as which of the following? Demand Interest Supply Resources
Natalka [10]

Answer:

Supply

Explanation: I had to the Economics Cencepts-Assessment ll for DECA today. I got all my answers off a quizlet...

3 0
3 years ago
What are the four segments in a PEST analysis?
makvit [3.9K]
Political, economic, social and technological
5 0
2 years ago
As a major steel manufacturer, SteelMakers Inc. focuses on having the most efficient manufacturing processes in place. The compa
salantis [7]

Answer: Production orientation

     

Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.

In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.

  Thus, from the above we can conclude that the correct option is C.

6 0
3 years ago
When a large marketing company contracts with a payroll service company to process employee checks for them, they are _____.?
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Hello, i am doing this right now for a business class and the answer is            B.) Outsorcing!!

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4 0
3 years ago
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