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.
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General-line wholesalers are wholesalers that
A. carry a wide variety of nonperishable items. B. carry a narrower line of merchandise than general merchandise wholesalers. C. provide only some wholesaling functions. D. carry a very narrow range of products and offer more information and service than other service wholesalers. E. operate like service wholesalers except that the customer must pay cash.
Answer the following statements true (T) or false (F)
1. Equity investments with no significant influence must be adjusted at the end of the year and reported at fair value. 2. For equity investments with no significant influence, the unrealized holding gain or loss is reported as a component of stockholders' equity. 3. The rate of return on total assets is a ratio that measures a company's success in using its assets to earn income. 4. The rate of return on total assets is calculated by first subtracting interest expense from net income and then dividing the result by average total assets. 5. A company can finance its assets by receiving cash or other assets from stockholders. 6. Creditors invest in a company and hope to receive a return on their investment. 7. A 9% rate of return on total assets means that the company earned $0.09 for each $1.00 invested in the company's average long-term assets.
Sven somehow always remains calm when facing difficulties. He prides himself on the ability to rely on his coping abilities. Sven is ______.
a. a highly creative entrepreneur b. high on the self-efficacy scale c. low on the self-efficacy scale d. very efficient in managing his business plan
A corporation has perpetual existence unless the articles of incorporation state otherwise
Indicate whether the statement is true or false