Asked by Hanna Jordan on Jun 23, 2024
Verified
Which of the following types of proposals are generally prepared at the request of an external
Party that requires a product or service?
A) Grant
B) Solicited
C) Unsolicited
D) Sales
E) Internal
Solicited Proposals
Proposals that are requested by an organization or individual, often through a formal process, to address specific needs or projects.
External Party
An individual or group outside of an organization that has a stake or interest in the business, such as suppliers, customers, or regulatory bodies.
- Describe the variance between proposals that are explicitly asked for (solicited) versus those that are not (unsolicited), and between those that serve an organization internally as opposed to externally.
Verified Answer
NS
Natty SynorivaJun 25, 2024
Final Answer :
B
Explanation :
A solicited proposal is prepared in response to a request from an external party who requires a product or service. This request can come in the form of a solicitation, such as a request for proposal (RFP) or a request for quotation (RFQ). The other options do not necessarily require an external party to request the proposal. A grant proposal is typically submitted to a funding agency, an unsolicited proposal is initiated by the proposal writer without an invitation, a sales proposal is initiated by a seller to solicit business, and an internal proposal is prepared within an organization to address an internal issue.
Learning Objectives
- Describe the variance between proposals that are explicitly asked for (solicited) versus those that are not (unsolicited), and between those that serve an organization internally as opposed to externally.
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