Home : Terms : Article : Calculators Advertising : Contact us
Home > Terms > Purchasing > Invitation For Bids

Term: Purchasing -> Invitation for Bids
Term:

Invitation for Bids

Definition:

A request, verbal or written, which is made to prospective suppliers requesting the submission of a bid on commodities or services. Bids are used for purchase of items exceeding formal competition limit.

Related terms:

Adjustable rate mortgage

Color Separating

Useful articles:
»Dick and Jane Revisited 
»Sales Training--Fact or Fraud?
»Sales Tips
»Finish Line Sales Success Habits


Holiday spending
Borrowing power
Retirement


Browse by categories
Accounting
Advertising
Banking
Bankruptcy
E-Commerce
Economics
Finance
Law
Investment
Insurance
Marketing
Real estate
Statistic
Trade
Purchasing


ABCDEFGHIJKLMNOPQRSTUVWXYZ

Featured Articles:
Marketing
I'll bet every one of you has at least one customer you wish you didn't have. Right? If so, when did this customer tell you he was going to be like the way he is? Yep, you guessed it – early i... [ more... ]
Internet
Since starting my Internet business back in 1997, I have learned many lessons along the way. These lessons have played a major role in my success, and I'd like to share them with you.

... [ more... ]

Customer Servces
One of the biggest crocks perpetuated on the service sector of the economy is the idea of TQM. Total Quality Management is exactly what you do not want in a service business The point of TQM is the... [ more... ]
  Disclaimer | Privacy | Terms of useCopyright © 2004-2005 E-terms.com