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
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Formal reports are similar to formal proposals in length, organization, and serious tone. Proposals make offers; in comparison, formal reports represent the end product of thorough investigation and analysis. Formal reports present ordered information to the decision makers in business, industry, government, and education.
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Examples of each:
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Formal Proposal: You are responding to a government request for proposal (RFP). The Department of Labor is looking for a company to design customized online training for its employees.
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Formal Report: You have been asked by your supervisor to study the feasibility of allowing employees to telecommute several days per month.
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Partners Bank offers to lend you $50,000 at a nominal rate of 5.0%, simple interest, with interest paid quarterly. An offer to lend you the $50,000 also comes from Community Bank, but it will charge 6.0%, simple interest, with interest paid at the end of the year. What's the difference in the effective annual rates charged by the two banks?
A. 1.56% B. 1.30% C. 1.09% D. 0.91% E. 0.72%
Which of the following statements is TRUE if a bond is issued for an amount higher than face value?
A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.
Which of the following is NOT a broad dimension of service quality?
a. Tangibles b. Reliability c. Responsiveness d. Transcendence e. Assurance
To obtain an entry-level position that offers room for advancement is an example of an effective career objective
Indicate whether the statement is true or false