A Descriptive Abstract

question 11

Multiple Choice

A descriptive abstract

• A) states what the document covers, not the detail about what it contains.
• B) provides a capsule version of a formal report.
• C) answers the question, "what was found?"
• D) is usually 3 to 5 paragraphs long.
• E) appears just before the "recommendations" portion of the report.

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Definitions:

Robinson-Patman Act

An American federal statute that forbids practices that hinder competition among producers, notably price discrimination.

Price Discrimination

A pricing approach in which the same provider charges different prices for products or services that are identical or very similar, depending on the market.

Reference Pricing

The practice of setting a price point for a product or service based on the cost of comparable alternatives in the market.

Original Price

The initial selling price of a product or service before any discounts or promotions are applied.