Which of the Following Reports Is an Example of an Informational

question 91

Multiple Choice

Which of the following reports is an example of an informational report?

• A)A report that recommends one of six candidates for an executive assistant position
• B)A report that compares three sites for a new clothing boutique location and recommends one
• C)A report showing how a company has complied with IRS regulations
• D)A report that presents several alternatives for decreasing employee absenteeism,including recommendations for the best solution

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Definitions:

Monopolistic Competitors

Firms considered monopolistic competitors offer varied, yet somewhat substitutable, products to consumers, enabling them to have some degree of market power in their respective industries.

R&D

Stands for Research and Development; it is the investigative work a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Differentiate Products

To differentiate products means to make them distinct from competitors' offerings through unique features, quality, or branding, to attract specific customer segments.

Pure Competitors

Firms within a market where numerous sellers offer highly similar products, ensuring no single company has control over the market price.