Question 1

Which of the following statements about proposals is the most accurate?

Accepted Answer

A) Most proposals are internal. 
B) Requests for Proposal (RFPs) result in unsolicited proposals. 
C) Proposals are legal contracts. 
D) Proposals are not binding and are not considered legal documents. 
A) Most proposals are internal. 
B) Requests for Proposal (RFPs) result in unsolicited proposals. 
C) Proposals are legal contracts. 
D) Proposals are not binding and are not considered legal documents. C

Question 2

Formal business reports are read by only the highest levels of management.

Accepted Answer

A) True 
 B)False  False

Question 3

Which of the following components is typically included in a formal report but is optional in an informal report?

Accepted Answer

A) body 
B) conclusion 
C) introduction 
D) table of contents 
A) body 
B) conclusion 
C) introduction 
D) table of contents D

Question 4

Which of the following sections in the introduction to a formal business report tells why the report topic is important?

Accepted Answer

A) scope 
B) significance 
C) authorization 
D) background 
A) scope 
B) significance 
C) authorization 
D) background

Question 5

Be sure that your business plan describes a unique product or service because that is all investors will be interested in.

Accepted Answer

A) True 
 B)False

Question 6

____________________ tell what the report findings mean; they usually appear before the recommendations.

Accepted Answer

The answer of ____________________ tell what the report findings mean;...

Question 7

The ____________________ analysis section of a business plan should discuss market characteristics, trends, projected growth, customer behaviour, complementary products and services, and barriers to entry.

Accepted Answer

The answer of The ____________________ analysis section of a business...

Question 8

Describe what a formal business report is and explain how it differs from a formal proposal. Then give an original example of when each would be written.

Accepted Answer

Student answers will vary.
Formal report

Question 9

Which of the following is the best advice for preparing a formal business report?

Accepted Answer

A) Collect data and write the report at the same time. 
B) Proofread the final copy three times. 
C) Complete the hardest sections first to gain a sense of accomplishment. 
D) Use the same verb tense throughout the report for consistency. 
A) Collect data and write the report at the same time. 
B) Proofread the final copy three times. 
C) Complete the hardest sections first to gain a sense of accomplishment. 
D) Use the same verb tense throughout the report for consistency.

Question 10

Which of the following statements about formal business reports is NOT accurate?

Accepted Answer

A) Formal reports are similar to formal proposals in length, organization, and serious tone. 
B) Formal reports are written for internal audiences only. 
C) Formal reports present the end product of thorough investigation and analyses. 
D) Breaking a long formal report into small segments makes it easier to understand. 
A) Formal reports are similar to formal proposals in length, organization, and serious tone. 
B) Formal reports are written for internal audiences only. 
C) Formal reports present the end product of thorough investigation and analyses. 
D) Breaking a long formal report into small segments makes it easier to understand.

Question 11

A potential angel investor is reading your business plan for a new start-up company. What will this investor most likely consider to be the most important factor in assessing your business potential?

Accepted Answer

A) whether you're aware of all of your direct and indirect competitors 
B) whether you've come up with a realistic start-up budget 
C) whether your management team can implement the business plan 
D) whether your start-up company will use social media for marketing and communication 
A) whether you're aware of all of your direct and indirect competitors 
B) whether you've come up with a realistic start-up budget 
C) whether your management team can implement the business plan 
D) whether your start-up company will use social media for marketing and communication

Question 12

Executive summaries of formal reports should always be limited to one page.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is the longest and most substantive section of a formal business report?

Accepted Answer

A) executive summary 
B) introduction 
C) conclusion 
D) body 
A) executive summary 
B) introduction 
C) conclusion 
D) body

Question 14

Explain what a proposal is. Then list the six parts of informal proposals, describing what type of information is included in each.

Accepted Answer

Student answers will vary.
Proposals are

Question 15

Which of the following would NOT appear in the operations and management section of a business plan?

Accepted Answer

A) how you will run your business 
B) who your competitors will be 
C) the personnel and management of your business 
D) the location of your business and the equipment you will use 
A) how you will run your business 
B) who your competitors will be 
C) the personnel and management of your business 
D) the location of your business and the equipment you will use

Question 16

Which of the following sections of a formal business report tells what the findings mean?

Accepted Answer

A) recommendations 
B) introduction 
C) conclusion 
D) body 
A) recommendations 
B) introduction 
C) conclusion 
D) body

Question 17

What does the authorization section of an informal proposal include?

Accepted Answer

A) a request for approval 
B) a thank you to the person who authorized the proposal 
C) a copy of the RFP 
D) ancillary (supplemental) material of interest to the reader 
A) a request for approval 
B) a thank you to the person who authorized the proposal 
C) a copy of the RFP 
D) ancillary (supplemental) material of interest to the reader

Question 18

Ancillary materials of interest to only some readers, such as résumés of principal investigators, testimonial letters, and audit procedures, would be included in the ____________________ section of a formal proposal.

Accepted Answer

The answer of Ancillary materials of interest to only some...

Question 19

Proposals are written offers to solve problems, provide services, or sell equipment.

Accepted Answer

A) True 
 B)False

Question 20

Because they are written for managers and decision makers, ____________________ summaries are less technically oriented than abstracts.

Accepted Answer

The answer of Because they are written for managers and...

Which of the following statements about proposals is the most accurate?

Formal business reports are read by only the highest levels of management.

Which of the following components is typically included in a formal report but is optional in an informal report?

Which of the following sections in the introduction to a formal business report tells why the report topic is important?

Be sure that your business plan describes a unique product or service because that is all investors will be interested in.

____________________ tell what the report findings mean; they usually appear before the recommendations.

The ____________________ analysis section of a business plan should discuss market characteristics, trends, projected growth, customer behaviour, complementary products and services, and barriers to entry.

Describe what a formal business report is and explain how it differs from a formal proposal. Then give an original example of when each would be written.

Which of the following is the best advice for preparing a formal business report?

Which of the following statements about formal business reports is NOT accurate?

A potential angel investor is reading your business plan for a new start-up company. What will this investor most likely consider to be the most important factor in assessing your business potential?

Executive summaries of formal reports should always be limited to one page.

Which of the following is the longest and most substantive section of a formal business report?

Explain what a proposal is. Then list the six parts of informal proposals, describing what type of information is included in each.

Which of the following would NOT appear in the operations and management section of a business plan?

Which of the following sections of a formal business report tells what the findings mean?

What does the authorization section of an informal proposal include?

Ancillary materials of interest to only some readers, such as résumés of principal investigators, testimonial letters, and audit procedures, would be included in the ____________________ section of a formal proposal.

Proposals are written offers to solve problems, provide services, or sell equipment.

Because they are written for managers and decision makers, ____________________ summaries are less technically oriented than abstracts.

Business Communication in the Digital Age

Professionalism: Team, Meeting, Listening, Nonverbal, and Etiquette Skills

Intercultural Communication

Planning Business Messages

Organizing and Drafting Business Messages

Revising Business Messages

Short Workplace Messages and Digital Media

Positive Messages

Negative Messages

Persuasive and Sales Messages

Reporting in the Workplace

Informal Business Reports

Business Presentations

The Job Search and Résumés

Interviewing and Following up

Grammar Exercises

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Exam 13: Proposals, Business Plans, and Formal Business Reports

Which of the following statements about proposals is the most accurate?

Formal business reports are read by only the highest levels of management.

Which of the following components is typically included in a formal report but is optional in an informal report?

Which of the following sections in the introduction to a formal business report tells why the report topic is important?

Be sure that your business plan describes a unique product or service because that is all investors will be interested in.

____________________ tell what the report findings mean; they usually appear before the recommendations.

The ____________________ analysis section of a business plan should discuss market characteristics, trends, projected growth, customer behaviour, complementary products and services, and barriers to entry.

Describe what a formal business report is and explain how it differs from a formal proposal. Then give an original example of when each would be written.

Which of the following is the best advice for preparing a formal business report?

Which of the following statements about formal business reports is NOT accurate?

A potential angel investor is reading your business plan for a new start-up company. What will this investor most likely consider to be the most important factor in assessing your business potential?

Executive summaries of formal reports should always be limited to one page.

Which of the following is the longest and most substantive section of a formal business report?

Explain what a proposal is. Then list the six parts of informal proposals, describing what type of information is included in each.

Which of the following would NOT appear in the operations and management section of a business plan?

Which of the following sections of a formal business report tells what the findings mean?

What does the authorization section of an informal proposal include?

Ancillary materials of interest to only some readers, such as résumés of principal investigators, testimonial letters, and audit procedures, would be included in the ____________________ section of a formal proposal.

Proposals are written offers to solve problems, provide services, or sell equipment.

Because they are written for managers and decision makers, ____________________ summaries are less technically oriented than abstracts.

Business Communication in the Digital Age

Professionalism: Team, Meeting, Listening, Nonverbal, and Etiquette Skills

Intercultural Communication

Planning Business Messages

Organizing and Drafting Business Messages

Revising Business Messages

Short Workplace Messages and Digital Media

Positive Messages

Negative Messages

Persuasive and Sales Messages

Reporting in the Workplace

Informal Business Reports

Business Presentations

The Job Search and Résumés

Interviewing and Following up

Grammar Exercises

Filters