To determine:
Whether or not it is ethical for a company to adopt the recommendations from a solicited formal proposing, without hiring the firm that submitted the proposal.
Introduction
A proposal is a written plan or suggestion that is formally offered for consideration to a business. There are many types of proposals for a business such as product proposal, market development proposal, and many others. The proposals that have a clear analysis and recommendation would be perceived by the business, however many proposals are vital for the strategic long-term development. A solicited proposal is usually a response to a published requirement, most of the time this is done in writing. Usually, requirements are contained in RFP/Request for Proposal, IFB/Request for Bid and etc.

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Chapter 12 Solutions
MYLAB EXCELLENCE IN BUSSI COMM ETEXT
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- Please provide problem with accountingarrow_forwardGeneral accounting questionarrow_forwardJob 528 was one of the many jobs started and completed during the year. The job required $11,200 in direct materials and 40 hours of direct labor time at a total direct labor cost of $12,600. If the job contained five units and the company billed at 65% above the unit product cost on the job cost sheet, what price per unit would have been charged to the customer?arrow_forward
- Calculate the net cash provided by operating activities of this financial accounting questionarrow_forwardgiven answer of this General accounting questionarrow_forwardBurson Enterprises' May 31 bank reconciliation shows deposits in transit of $850. The general ledger Cash in Bank account shows total cash receipts during June of $48,500. The June bank statement shows total cash deposits of $44,300 (including $1,500 from the collection of a note; the note collection has not yet been recorded by Burson). What amount of deposits in transit should appear in the June 30 bank reconciliation? Helparrow_forward
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