RFP in Economics Meaning

The RFP meaning in Economics terms is "Request for Proposal". There are 1 related meanings of the RFP Economics abbreviation.

RFP on Economics Full Forms

  1. Request for Proposal A request for proposal (RFP) is a document that an organization posts to elicit bids from potential vendors for a product or service. For example, a new business or a business moving from a paper-based system to a computer-based system might request proposals for all the hardware, software, and user training required to establish and integrate the new system into the organization. Another business might draft an RFP for a custom-written computer application they wanted to outsource.

Frequently Asked Questions (FAQ)

  1. What does RFP stand for Economics?

    RFP stands for Request for Proposal in Economics terms.

  2. What is the shortened form of Request for Proposal in Economics?

    The short form of "Request for Proposal" is RFP for Economics.

Citation

RFP in Economics. Acronym24.com. (2021, December 15). Retrieved April 29, 2024 from https://acronym24.com/rfp-meaning-in-economics/

Last updated