Asked by Donald R. Johnson on Jun 30, 2024
Verified
What is a proposal?
Proposal
A plan or suggestion put forward for consideration or discussion, especially in a business or formal context.
- Understand the basic concept and purpose of a proposal.
Verified Answer
CA
Celinda AngieJul 01, 2024
Final Answer :
Answers will vary. A proposal is a written description of how one organization can meet the needs of another; for example, by providing products or services or solving problems. Businesses issue calls for bids that present the specifications for major purchases of goods and certain services. Most governmental and nonprofit agencies issue requests for proposals, or RFPs. Potential suppliers prepare proposal reports telling how they can meet that need. Those preparing the proposal create a convincing document that will lead to obtaining a contract.
Learning Objectives
- Understand the basic concept and purpose of a proposal.