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Preparing Formal Proposals Formal proposals are different from informal proposals in that they are used to respond to large projects and are, therefore, often longer.

Preparing Formal Proposals
Formal proposals are different from informal proposals in that they are used to respond to large projects and are, therefore, often longer. Formal proposals contain special components in addition to the six basic components of informal proposals.
Which of the following is an advantage to a company that solicits formal proposals with standard components?
The letter of transmittal can be omitted.
The company can compare "apples to apples."
The proposals are shorter.
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