If You Are Preparing a Report for Readers Who Are

question 14

Multiple Choice

If you are preparing a report for readers who are not native English speakers, which of the following would be best to include?

• A) Signage installation is regulated, so we must obtain a permit.
• B) We will need to get a permit before we can put up a sign.
• C) Due to the local regulatory environment, we will need to procure a permit in advance of installing our signage.
• D) Local regulations forbid the installation of signage without prior approval.
• E) In order to mount our signs as planned, we will need to get authorization in advance.

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Definitions:

Willingness To Pay

The maximum amount an individual is ready to spend to acquire a good or service.

Expected Revenue

The forecasted amount of money that a business anticipates receiving over a certain period, based on projected sales volume and unit price.

Probability

A gauge for the chances of an event taking place, measured by numbers from 0 to 1.

English Auction

A type of auction in which the price ascends and participants bid openly against one another, with the item going to the highest bidder.