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:

Expected Price Level

The anticipation or forecast of future prices overall, impacting saving and spending decisions of consumers and businesses.

Actual Price Level

The general level of prices for goods and services in the economy at a specific point in time.

Production

The process of creating goods and services through the combination of labor, materials, and technology.

Recessionary Gap

The difference between the actual output of an economy and its potential output, occurring when the economy is underperforming.