DBx2 needed
Part 1
Write 400600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
Request methods such as requests for information (RFIs), requests for quotation (RFQs), and requests for proposal (RFPs) are used to obtain pertinent information from potential suppliers. Based on the organization you have selected (Apple), respond to the following questions:
- What types of material or services will your organization purchase from outside suppliers?
- What are the differences between RFIs, RFQs, and RFPs?
- Which request type (RFI, RFQ, or RFP) would be used for your organization?
- Explain why you chose this request type.
Part 2
Write 400600 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas.
Based on your chosen organization (Apple), compare and contrast the various contract types such as firm-fixed-price (FFP), cost-plus-fixed-fee (CPFF), cost-no-fee (CNF), and cost-plus-incentive-fee (CPIF) contracts. You may also find other contract types applicable to your commercial or governmental organization. Include the following information in your discussion:
- What type of contract is most relevant for the chosen organization?
- Why is this contract type most relevant?
- What is the significance of cost management from a strategic perspective?
Each bullet for each part is its own detailed paragraph. Please site work
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