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RFP in International business Meaning

The RFP meaning in International business terms is "Request for Proposal". There are 3 related meanings of the RFP International business abbreviation.

RFP on International business 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.
  2. Request for Quotation
  3. Request for Foreign Product

Frequently Asked Questions (FAQ)

  1. What does RFP stand for International business?

    RFP stands for Request for Proposal in International business terms.

  2. What is the shortened form of Request for Quotation in International business?

    The short form of "Request for Quotation" is RFP for International business.

Citation

RFP in International business. Acronym24.com. (2021, December 15). Retrieved November 25, 2024 from https://acronym24.com/rfp-meaning-in-international-business/

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