What is the difference between a solicited and an unsolicited proposal?

What will be an ideal response?

Answer: The most significant factor in planning any proposal is whether the intended recipient has asked you to submit a proposal. Solicited proposals are generally prepared at the request of external parties that require a product or a service, but they may also be requested by such internal sources as management or the board of directors. Unsolicited proposals are created by organizations attempting to obtain business or funding without a specific invitation from a potential client. Employees or managers who want to convince company insiders to adopt a program, a policy, or an idea may also initiate such proposals. In other words, with an unsolicited proposal, the writer makes the first move.

Business

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What is the purpose of appointing an idea manager?

What will be an ideal response?

Business

A car-rental agency that was planning to internationalize its operations would most likely select which of the following types of foreign business relationships?

A) distributor B) intermediary C) franchisor D) licensor

Business