"To Identify Potential Markets for Our New Chocolate Chip Cookies

question 21

Multiple Choice

"To identify potential markets for our new chocolate chip cookies," is a good statement of purpose for informational reports. Which of the following is a good statement of purpose for analytical reports?

• A) To provide feedback about the newly installed technical hardware.
• B) To assess the benefits of investing in the manufacturing sector for the next quarter.
• C) To update the board of directors on the progress of the River Drive project.
• D) To submit statutory information to a government agency.

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Definitions:

Units

Basic measures or quantities, such as length, mass, time, etc., that serve as standards for expressing and comparing quantities.

Average Total Cost

The total cost of production (fixed and variable costs combined) divided by the number of units produced.

Units

Basic quantities or measures adopted by convention or by law, used as a standard to express physical quantities.

Diminishing Returns

An economic principle where the addition of a variable factor to a fixed factor leads to a decrease in the marginal output of the variable factor beyond a certain point.