What is an RFP and how is it used in the vendor selection process?

What will be an ideal response?

The RFP, short for "Request for Proposals," is sometimes also called the RFB or request for bids. Once a list of potential ERP vendors has been identified, then they are provided with a description of all the existing systems and the desired functionality, along with the hardware, software, and training requirements. They are also provided with a description of how the selection process will proceed and deadlines for their proposals. This should make it much easier to compare each vendor and decide which one will provide the best fit for the organization.

Business

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How can observational studies and focus groups be used in marketing research? What are the different methods by which these studies are conducted?

What will be an ideal response?

Business

Regulations governing air pollution cover mobile and stationary sources. Those who may be subject to penalties for violations of the Clean Air Act include

a. corporate officers who knowingly violate the act. b. persons who provide information about violators but otherwise fail to act. c. private citizens who fail to sue violators. d. none of the choices.

Business