Business
Engineering
Math
Science
Social Science
What category of proposal, solicited or unsolicited, is more likely to succeed, and why?
Essentials of Business Communicati...
Solutions
Essentials of Business Communicati...
What category of proposal, solicited or unsolicited, is more likely to succeed, and why?
To determine:
The category of proposal which is more likely to succeed between solicited or unsolicited should be identified and explained.
Introduction:
Business proposals are prepared for different purposes. For example, to promote a product or service, to request funds for a project.
Answer to Problem 11CT
Solution:
Solicited proposals are often effective as they are prepared as per the customer’s request. Sometimes unsolicited proposals are also more convincing as a customer gets it without a request. On the other hand, some customers will not even read a proposal which they have not requested.
Explanation of Solution
Given information:
Solicited and unsolicited proposal is one type of business proposal.
When an organization has a specific requirement, they prepare a request for proposal (RFP) by specifying their need. As a response RFP, a business organization will prepare a proposal which is called a solicited proposal. An unsolicited proposal is a proposal prepared and sent to a customer without a request (without a RFP).
Solicited proposals are often effective as they are prepared to cater the specific needs of the requester/ customer. Therefore, the business organization can include all the required details and sometimes they follow the format requested by the customer.
However, when preparing unsolicited proposals, business organizations include information that they think customer would consider. In this case customers will sometimes be happy as they get a proposal with details without any request and no cost occurred. On the other hand, some customers will not even read the proposal as they have not requested.
Chapter 10 Solutions
Additional Business Textbook Solutions
Corporate Financial Accounting
Financial & Managerial Accounting
Cornerstones of Financial Accounting
Foundations of Business (MindTap Course List)
Probability and Statistics for Engineering and the Sciences
Fundamentals of Financial Management (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
ECON: MICRO4 (New, Engaging Titles from 4LTR Press)
Accounting Information Systems
STATISTICS F/BUSINESS+ECONOMICS-TEXT
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
Fundamentals Of Financial Management, Concise Edition (mindtap Course List)
Principles of Economics (MindTap Course List)
Brief Principles of Macroeconomics (MindTap Course List)
Financial And Managerial Accounting
College Accounting, Chapters 1-27
Management, Loose-Leaf Version
Essentials of Economics (MindTap Course List)
Financial Accounting
Intermediate Accounting: Reporting And Analysis
Managerial Accounting: The Cornerstone of Business Decision-Making
College Accounting (Book Only): A Career Approach
Contemporary Marketing
MKTG 12:STUDENT ED.-TEXT
Accounting Information Systems
Accounting (Text Only)
Exploring Economics
Financial Accounting
Financial & Managerial Accounting
Statistics for Business & Economics, Revised (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (with Thomson ONE - Business School Edition, 1 term (6 months) Printed Access Card) (MindTap Course List)
College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
Fundamentals of Financial Management (MindTap Course List)
Principles of Macroeconomics (MindTap Course List)
College Accounting (Book Only): A Career Approach
Pkg Acc Infor Systems MS VISIO CD
Economics (MindTap Course List)
Practical Management Science
Survey of Accounting (Accounting I)
Cornerstones of Cost Management (Cornerstones Series)
Corporate Financial Accounting
Microeconomics
PAYROLL ACCT.,2019 ED.(LL)-TEXT
Macroeconomics
Economics For Today
Purchasing and Supply Chain Management
Find all the answers to your study problems with bartleby.
Textbook solutions plus Q&A. Get As ASAP arrow_forward
