What is the difference between an rfq and rfp

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Reference no: EM133411989

  1. What is an RFQ? (the response here should go beyond providing a simple, textbook definition)
  2. What is an RFP? (the response here should go beyond providing a simple, textbook definition)
  3. What is the difference between an RFQ and RFP? 
  4. When, under what circumstances, would you recommend using an RFP? Why?
  5. When, under what circumstances, would you recommend using an RFQ? Why?

Reference no: EM133411989

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