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- In business, "price quote", "price quotation" or just "quote", "quotation" are synonymous1. A quote is a concise excerpt or passage used by someone else, while a quotation is the act of citing someone’s words verbatim2. Quotations in sales and quotations in procurement are similar but for one distinction: the supplier makes a sales quotation to a client, while a quotation for procurement is made for the supplier since the purpose is to procure goods3.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.In business, "price quote", "price quotation" or just "quote", "quotation" are synonymous. If there is context around the word, you don't have to use "price".ell.stackexchange.com/questions/88800/what-to-us…
So, in summary:
- A quote is a concise excerpt or passage used by someone else.
- A quotation is the act of citing someone’s words verbatim.
thecontentauthority.com/blog/quote-vs-quotationQuotations in sales and quotations in procurement are similar but for one distinction:
- The supplier makes a sales quotation to a client, while
- A quotation for procurement is made for the supplier since the purpose is to procure goods.
www.deskera.com/blog/quotes/ - People also ask
Quotations in sales and quotations in procurement are similar but for one distinction: 1. The supplier makes a sales quotation to a client, while 2. A quotation for procurement is made for the supplier since the purpose is to procure goods. While procuring, a request for a quotation is made (RFQ) to one … See more
Also known as a quotation, a business quote, or simply a quote, is a document that lists the prices proposed by a seller for their goods or services and offered to a potential customer. On sending the quotation to the client, the supplier is committing to the … See more
Often, prices for commodities are already fixed. In such cases, you may wonder why there is a need for business quotes at all. To put it in simple … See more
A superior quote will lead to more conversions into invoices. Here’s how business can make that happen. 1. To begin with, it is … See more
Some of us may have used the terms ‘quotes’ and ‘proposals’ interchangeably. But in a business, it is essential to maintain the … See more
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