Briefly list and describe the four major organizational patterns for business reports
a. Time. Time sequence, or chronological order, helps you discuss events in the order in which they occurred or will occur. Time organization is used for agendas, minutes of meetings, programs, and some status reports.
b. Location. Discussing topics according to their geographic or physical location is an efficient way to present such data as office layouts.
c. Importance. Presenting the most important information first is helpful for the busy reader, who can quickly identify the major idea and then read the other details in descending order. Alternatively, recommendation reports may present the rejected alternatives first to build a stronger case for the recommended alternative or action.
d. Criteria. Most analytical reports use the criteria approach to factor the problem into its component subproblems. The components are the basis for the organization of data.
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In view of past experience, it is expected there will be a loss due to uncollectible accounts of an amount equal to one-half of one percent of the sales on account during the year. If the sales on account amounted to $250,000, the estimated uncollectible account losses would be
a. $25. b. $1,250. c. $2,500. d. $25,000.
Briefly explain the difference between content characteristics and value characteristics as they pertain to creating offers in negotiations.
What will be an ideal response?
In the Kellogg's example given in your text, Kellogg's performed several tasks to identify their problem. Which of the tasks below was not used by Kellogg's to identify their problem?
A) They spoke to decision makers within the company. B) They developed and tested several new flavors of cereal using mall intercept interviews with adult customers C) They interviewed industry experts. D) They surveyed customers about their perceptions and preferences for cereals.
A population consists of 500 elements. We want to draw a simple random sample of 50 elements from this population. On the first selection, the probability of an element being selected is
A. 0.100. B. 0.010. C. 0.001. D. 0.002.