Final answer:
A proposal form is used by bidders to submit their bids and contains key components like an introduction, problem statement, solutions, and a conclusion with a recommendation. In business, a detailed proposal outlines a transaction between a business and a client.
Step-by-step explanation:
The document used by bidders to submit their bids is known as a proposal form. Writing a compelling and structured proposal is crucial, as it often includes components such as an introduction, problem statement, possible solutions, counter-arguments, and a concluding recommendation. A business proposal is a detailed document that outlines a transaction between a business and a client, specifying deliverables, a schedule, costs, and payment methods. Proposals can range from being specific to a particular project to general services offered by a business, and the nature of the problem may not always be explicitly stated.