A project team is deciding on whether to "make or buy". As part of the decision-making process, the team decides to request a product update from key product suppliers. Which of the following should be used to facilitate this?
A. RFQ
B. RFI
C. RFP
D. Vendor selection
Answer: B
Which of the following is typically the LAST step when acquiring a product or service from a vendor?
A. Vendor selection
B. Evaluate seller response
C. Contract development
D. Contract signing
Answer: D
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