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

Question

Quizplus · Accepted Answer

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.

When an External Party Invites a Firm to Bid on a Contract,and