Project Proposals Should Include All of the Following, EXCEPT __________

question 22

Multiple Choice

Project proposals should include all of the following, EXCEPT __________.

• A)a section describing the past experience of the proposing group
• B)an executive summary
• C)a description of the ability of the proposer to supply the facilities, needed during the project
• D)a list of the top executives in the proposing firm

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Definitions:

Cost To Suppliers

The total expenses incurred by suppliers in the process of producing and selling goods or services.

Externality

A consequence of an economic activity experienced by unrelated third parties; it can be either positive or negative.

Market Failure

Situations where the allocation of goods and services by a free market is not efficient, often requiring government intervention.

Negative Externality

Occurs when the production or consumption of a good or service imposes costs on third parties who are not involved in the transaction.