Asked by Alana Burns on May 13, 2024
Verified
Which of the following reports will help an organization assess opportunities?
A) Failure analysis report
B) Troubleshooting report
C) Feasibility reports
D) Justification reports
E) Due diligence report
Feasibility Reports
Documents that evaluate the practicality and viability of a proposed project or idea.
Due Diligence
A comprehensive appraisal or investigation undertaken to evaluate the risks and merits before entering into an agreement or transaction.
Failure Analysis
The process of collecting and analyzing data to determine the cause of a failure, often with the goal of preventing it in the future.
- Recognize reports useful for assessing opportunities within an organization.
Verified Answer
JO
Jaden OsborneMay 19, 2024
Final Answer :
E
Explanation :
E)Reports to assess opportunities. Every business opportunity carries some degree of risk and requires a variety of decisions and actions to capitalize on the opportunity. You can use analytical reports to assess both risk and required decisions and actions. For instance, market analysis reports are used to judge the likelihood of success for new products or sales. Due diligence reports examine the financial aspects of a proposed decision, such as acquiring another company.
Learning Objectives
- Recognize reports useful for assessing opportunities within an organization.