How Can You Make Sure That Your Business Report Meets

question 45

Multiple Choice

How can you make sure that your business report meets the needs of the target audience?

• A) Consider updating them about your progress in creating the report and involving them in the process.
• B) Find out their biases and tailor the primary research to support their preconceived ideas.
• C) Save money by looking for already published reports that relate to the business problem.
• D) Cherry-pick data to match what you know the decision makers want to hear.
• E) Do the report as quickly as possible by using only information that already exists in databases.

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Definitions:

Market Price

The existing rate at which a service or asset is available for purchase or sale in the market.

Marginal Cost

The financial charge for creating one additional unit of a product or service.

Average Variable Cost

The total variable cost divided by the quantity of output produced, representing the cost of producing one more unit.

Market Price

The contemporary pricing at which a good or service is available for trading in a market context.