Which Statement About Business Cases Is TRUE

question 497

Multiple Choice

Which statement about Business Cases is TRUE?

• A) Business cases should focus on both the financial and non-financial impacts of the proposed project or service
• B) Business cases should only focus on the financial impacts of the proposed project to secure support and funding
• C) Business cases should only focus on the non-financial business impacts of the proposed project to secure proper high-level management support
• D) Business cases should only focus on how the proposed project can lower costs and improve customer satisfaction, listing measures and targets

---

Definitions:

Suburban Tract Development

The process of dividing an area of land, often in the outskirts of a city, into lots for the construction of a large number of similar homes or residential units.

Levittown

One of the first mass-produced suburban housing developments in the U.S., symbolizing post-WWII suburban growth.

Recessions

Periods of economic decline identified by a decrease in GDP in two successive quarters, characterized by reduced spending and increased unemployment.

Economy Size

A measure of the total value of all the goods and services produced by a country's economy over a specific time period. It is typically assessed through the gross domestic product (GDP).