Supply Chain Management Professional (SCMP) · Question
RFQ (Request for Quotation) is MOST appropriate when:
RFQ suits well-defined needs where price is the main differentiator.
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Question: RFQ (Request for Quotation) is MOST appropriate when:
Answer options: ✅ Requirements are clearly defined and price is key criterion
- Innovation is required
- Sole source
- Long-term partnership
Correct answer: Requirements are clearly defined and price is key criterion
Explanation: RFQ suits well-defined needs where price is the main differentiator.
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