Request for Information (RFI)

Request for Information, RFI, is a business process or a business document whose purpose to gather the textual information about capabilities, offering and details of various business entities such as vendors and suppliers.

The main purpose of RFI is to compare various business to, later on, chose the most suitable solution for a business.

Glossary terms starting with the same letter

  • Rapport Building

    Rapport building is all about creating rapports and successful relationship with prospects. It is a key part of every salesperson’s efforts. The...

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  • Relationship Intelligence Data (RID)

    Relationship Intelligence Data (RID) is intelligence that informs sales reps about the history of the relationship between a company and the cus...

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  • Ramp up

    Ramp up usually refers to an extraordinary increase in the level of the output of the company, its products, employee or a whole team. It is oft...

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  • Referral

    Referral is one of the lead generation methods based on the act wherein a third party shares the information about your product or service. Most...

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  • Request for Quotation (RFQ)

    Request for Quotation, also known as, Request for Quote is a business process or a business document whose purpose is to gather comprehensive in...

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  • Return on Investment

    Return on Investment or ROI is a metric which describes the efficiency of a particular investment. ROI’s purpose is to measure the profitability...

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  • Revenue

    Revenue, often called Sales or income statement refers to the amount of money that a company receives during a specific time frame. To compute t...

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  • Rule of Reciprocity

    Rule of Reciprocity is a sociological rule which bases on the premise that humans tend to return good deeds. Rule of Reciprocity is used by mark...

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