Cvent Event Management Practice Exam

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What does the status "submitted proposal" indicate for the planner?

The venue has not yet reviewed the RFP
The venue accepted the proposal and will contact soon
The venue responded to the RFP with a proposal
The planner needs to revise the RFP

The correct answer is: The venue responded to the RFP with a proposal

The status "submitted proposal" indicates that the venue has responded to the Request for Proposal (RFP) with a specific proposal tailored to the planner's needs. This means that the venue has taken the time to review the details provided by the planner and has created an offer, including relevant information such as pricing, availability, and services that they can provide for the event. This status signifies a proactive step by the venue in addressing the planner's requirements and moving the planning process forward. The other options describe different scenarios that are not applicable to the status of "submitted proposal." For example, if the venue had not reviewed the RFP yet, that would suggest an earlier stage in the process, while receiving a proposal would not correspond to the planner needing to make any revisions to the RFP. This clarity in status is important for planners to effectively manage the timeline and next steps in their event planning.