A Means of Communicating to Others in an Organization or to the Sponsors

question 19

Multiple Choice

A means of communicating to others in an organization or to the sponsors of a project which of the main objectives of the project have been achieved is known as

• A)a progress report
• B)an executive summary
• C)a short memo
• D)none of the above

---

Definitions:

Equilibrium Price

The price at which the quantity of goods supplied equals the quantity of goods demanded in a market, resulting in no surplus or shortage.

Equilibrium Quantity

The level of goods or services on offer and needed at the market's equilibrium price.

Steamed Milk

Milk that has been heated and aerated with steam, typically used in coffee drinks like lattes and cappuccinos.

Equilibrium Quantity

The quantity of a good or service at which supply equals demand, so there is no excess of supply over demand or vice versa.