MGMT 3315 Chapter 13

An executive summary of a formal report is usually no longer than __________ percent of the original document.

10

What statement about a business plan is most accurate?

A business plan helps manage a company and raise capital.

Appendixes of formal reports and proposals are typically labelled ________.

A, B, and so on

Which statement regarding proposals is accurate?

All of these statements are accurate. - Proposals may be intended for internal or external audiences. - Proposals may be solicited or unsolicited. - Proposals are written offers to solves problems, provide services, or sell equipment.

Which of the following is an example of a talking heading?

Changes to Employee Benefits

Lynn is writing a formal report for the first time. Which of the following strategies should she employ ?

Delay writing the report until she has collected all the data and drawn the primary conclusions.

True or False: Most proposals are unsolicited.

False

True or False: Executive summary and abstract are interchangeable terms for the summary in the front matter of a proposal.

False

True or False: Jason is proofreading the final copy of his report for the third time. At this point he should be checking for spelling, punctuation, grammar, and other mechanical errors.

False

True or False: Quoting experts or citing newspapers, journals, books, Web resources, and other secondary sources can help you establish the scope of your topic.

False

True or False: RFP stands for Request for Payment .

False

Which statement about a formal report is accurate?

Formal reports represent the end product of thorough investigation and analysis.

The persuasive document that briefly presents the major features and benefits of a formal proposal is called the ________.

Letter of Transmittal

What item would be most appropriate to include in an appendix of a report?

Survey form

True or False: In determining which business plans to fund, investors search for a concept whose growth potential distinguishes it from others rather than the most unique product or service.

True

True or False: Leon should discuss the strengths and weaknesses of his direct and indirect competitors in the market analysis section of his business plan.

True

True or False: The budget section of a proposal represents a contract.

True

True or False: The most important section of a formal report is the body.

True

True or False: The same information may be included in the letter of transmittal, executive summary, and introduction of a formal business report.

True

If your report requires that you make recommendations, they should __________.

be expressed as numbered commands that are practical and evolve from the findings

The section of a formal report that discusses, analyzes, interprets, and evaluates the research findings or solution is the __________.

body

The part of a formal report that highlights the important points for people who may not have time to read the entire report is the __________.

executive summary

The ________ section of a business plan provides an overview of complementary products and services and a summary of the strengths and weaknesses of your direct and indirect competitors .

market analysis

Grant proposals aim to ________.

secure funding

Formal proposals differ from informal proposals in __________.

size and format