Informal Business Reports Generally Fall into One of Six Categories

question 25

True/False

Informal business reports generally fall into one of six categories. However, in many instances the boundaries of the categories overlap and distinctions are not always clear-cut.

---

Definitions:

Automation

The technology by which a process or procedure is performed without human assistance.

Low-Cost Leadership

A competitive strategy where a company becomes the most cost-efficient producer in its industry, often allowing for lower pricing to customers.

Chemical Waste

Waste that is made from harmful chemicals and is often a by-product of manufacturing processes, laboratory experiments, and cleanup operations.

Research and Development

The iterative process of systematic work aimed at increasing knowledge to develop new products or improve existing ones.