A company might prepare a proposal for which of the following reasons?
A) To show its compliance with Homeland Security rules and regulations
B) To solicit competitive bids for a new building
C) To inform company shareholders of an attempted hostile takeover
D) To bid for a contract to retrofit a local bridge

Question

Quizplus · Accepted Answer

A bid for a contract to retrofit a local bridge is a proposal. A proposal is not used to show compliance with rules and regulations, to deliver bad news such as a hostile takeover attempt, or to solicit bids.

A Company Might Prepare a Proposal for Which of the Following