Asked by Colby Holtman on Aug 01, 2024
Verified
In the workplace,a formal invitation to bid on a contract is called a
A) business offering.
B) request for proposals.
C) bid requisition.
D) project invitation.
E) white paper.
Request For Proposals
A formal document inviting suppliers or service providers to submit a proposal for a specific product or service.
- Distinguish between solicited and unsolicited proposals, and internal and external proposals.
Verified Answer
ZK
Zybrea KnightAug 02, 2024
Final Answer :
B
Explanation :
A formal invitation to bid on a contract is typically referred to as a "request for proposals" (RFP). This is a common term used in the procurement and contracting process to solicit competitive bids from potential vendors or suppliers. While other answer choices may be used in different contexts, "request for proposals" is the most appropriate and commonly used term in this scenario.
Learning Objectives
- Distinguish between solicited and unsolicited proposals, and internal and external proposals.
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