When an external party invites a firm to bid on a contract, and includes strict guidelines in the request, what has been generated?

A) Sales proposal
B) Internal proposal
C) Request for proposal
D) Unsolicited proposal
E) Investment proposal


Answer: C
Explanation: C) Some organizations prepare a formal invitation to bid on their contracts, called a request for proposals (RFP), which includes instructions that specify exactly the type of work to be performed or products to be delivered, along with budgets, deadlines, and other requirements. In most cases, organizations that issue RFPs also provide strict guidelines on what the proposals should include, and you need to follow these guidelines carefully in order to be considered.

Business

You might also like to view...

"If you don't accept that job offer, you will never work again" is an example of a slippery slope logical fallacy

Indicate whether this statement is true or false.

Business

Quality of a service offering:

A) is dependent on customer perceptions. B) can be measured using standardized techniques. C) is more important than a manufactured product. D) is not dependent on market communications.

Business

Explain the marketing decisions faced by wholesalers

What will be an ideal response?

Business

For a well-conceived and well-designed employee communications program to work, it must ________

A) promise a lot B) evoke passion C) be well financed D) be consistent

Business