Glossary Letter R terms
Risk Assessment
It's like a safety check for your business deals. Figuring out what could go wrong and how to keep it all on track.
RFP - Request for Proposal
This is when you ask suppliers to pitch their best plans to you, based on what you need.
RFI - Request for Information
This is when you're on the hunt for info about potential suppliers, kind of like business window shopping.
RFQ - Request for Quotation
Here, you're asking suppliers to give you the nitty-gritty on their prices.
Risk Assessment
It's like a safety check for your business deals. Figuring out what could go wrong and how to keep it all on track.
RFP - Request for Proposal
This is when you ask suppliers to pitch their best plans to you, based on what you need.
RFI - Request for Information
This is when you're on the hunt for info about potential suppliers, kind of like business window shopping.
RFQ - Request for Quotation
Here, you're asking suppliers to give you the nitty-gritty on their prices.
Risk Assessment
It's like a safety check for your business deals. Figuring out what could go wrong and how to keep it all on track.
RFP - Request for Proposal
This is when you ask suppliers to pitch their best plans to you, based on what you need.
RFI - Request for Information
This is when you're on the hunt for info about potential suppliers, kind of like business window shopping.
RFQ - Request for Quotation
Here, you're asking suppliers to give you the nitty-gritty on their prices.
Risk Assessment
It's like a safety check for your business deals. Figuring out what could go wrong and how to keep it all on track.
RFP - Request for Proposal
This is when you ask suppliers to pitch their best plans to you, based on what you need.
RFI - Request for Information
This is when you're on the hunt for info about potential suppliers, kind of like business window shopping.
RFQ - Request for Quotation
Here, you're asking suppliers to give you the nitty-gritty on their prices.