ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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At the beginning of the letter
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After describing your company
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Once the recipient has agreed to meet with you
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After identifying what prompted your inquiry (such as advertisement)
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Detailed explanation-1: -Early in the letter, identify the purpose-to obtain help or information (if it’s a solicited letter, information about an advertised product, service, or program).
Detailed explanation-2: -In general, the purpose of the letter of inquiry is to generate interest and a desire to hear more in a full proposal. At the same time, the LOI should provide enough detail about the problem and your project to allow readers to understand your general approach, methods, data, and analysis plans.
Detailed explanation-3: -The format of a formal letter is followed when writing an enquiry letter, so like all formal letters, you have to start the letter with the sender’s address followed by the date on which the letter is being written. The receiver’s address comes next, followed by the subject, which states the purpose of the letter.
Detailed explanation-4: -So, what is a letter of enquiry? When a person requires specific information from another party, that person may consider writing an enquiry letter. Basically, this letter poses a question or request to the reader with the intention of persuading the reader to respond.
Detailed explanation-5: -Start with an introduction. The introduction of your letter of inquiry serves as an executive summary of your letter. Describe your organization. Include a need statement. Provide a need solution. List other funders you’re approaching. Conclude with a summary. 21-Jul-2022