Business Studies, asked by bitsianrk8479, 1 year ago

What is a quotation letter?

Answers

Answered by ChiranthanMN
1

A quotation is a specific offer for sale. It is sent in response to an inquiry from a particular person or business house. Thus it is a reply message to an inquiry from a potential buyer. A quotation includes details about the prices of specific goods selected, terms of payment and conditions of delivery while writing such a letter, the seller should clearly state everything as inquired by the buyer. The letter must be written to the point with conciseness and complete tone. A seller must have the intention to create goodwill through such letter which will establish a business relationship.

Similar questions