Dave and His Team Are Creating a Proposal to Recommend

question 89

Multiple Choice

Dave and his team are creating a proposal to recommend to their supervisor that the company's database should be redesigned.
-Dave is working on a succinct description of the database proposal, which encapsulates in it the opportunity for cost savings and increased functionality the new system presents, as well as its other key ideas. He is struggling to create content that, while being brief, will enable his audience to understand the proposal's main ideas without having to read the whole document. Dave is working on the proposal's ________.

• A) introduction
• B) executive summary
• C) body
• D) references
• E) closing

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Definitions:

Central Planning

Central planning refers to an economic system where the government or central authority makes all decisions regarding the production and distribution of goods and services.

Political Incentives

Motives that drive politicians to make decisions or enact policies, often based on the pursuit of power, reelection, or adherence to ideological beliefs.

Market Outcomes

The results or final state of market processes, including price and quantity determined by supply and demand forces.

Price Floor

A minimum price set by the government or a regulatory body, below which a good or service cannot be sold in the market.