Solicited proposals are prepared ______________
A)by companies attempting to obtain business.
B)by government regulatory agencies.
C)by companies at the request of external parties that require products or services.
D)by clients who wish to acquire the services of highly regarded companies.

Question

Quizplus · Accepted Answer

Solicited proposals are prepared by companies at the request of external parties that require products or services. These external parties can be government agencies, corporations, or individuals who need specific products or services and have already made the decision to acquire them. The solicited proposal responds to a specific request for proposal (RFP), which outlines the requirements and criteria for the proposal. The objective of the solicited proposal is to demonstrate how the company can meet the client's needs and win the business.

Solicited Proposals Are Prepared ______________