Characteristics of Successful Grant Writers Include All of the Following

question 8

Multiple Choice

Characteristics of successful grant writers include all of the following except they

• A) write a proposal before selecting a grant sponsor.
• B) follow the guidelines, forms, and formats exactly.
• C) write the proposal using terminology familiar to the reviewers.
• D) sometimes experience failure.

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Definitions:

Adverse Selection

A situation in insurance and finance where those most likely to produce negative outcomes are more inclined to select into or engage with a service, typically leading to higher costs for insurers or lenders.

Moral Hazard

The situation in which one party takes additional risks because they know they will not bear the full consequences of their actions.

Adverse Selection

A situation where sellers have more information than buyers, leading to high-quality goods and services being squeezed out of the market because they cannot be adequately priced.

Private Information

Information that some people have, but others do not.