University of Central Florida (UCF) GEB4522 Data Driven Decision Making Final Exam Practice

Question: 1 / 400

Which of the following is a common element of both feasibility reports and internal proposals?

A. Recommendations for action

The focus on recommendations for action is a shared characteristic of both feasibility reports and internal proposals due to their purpose in guiding decision-making and strategy. In a feasibility report, recommendations are based on the analysis of data, assessing the practicality and viability of a project or initiative. It is essential to present actionable insights that can help stakeholders determine the next steps.

Similarly, internal proposals are often crafted to suggest initiatives or improvements within an organization. They provide well-reasoned recommendations to address identified issues or opportunities, aiding in the decision-making process. Both documents aim to present clear paths forward, reinforcing their commonality in recommending specific courses of action based on the information presented.

The other choices do not encapsulate what is common between the two types of documents. For instance, financial forecasts typically form only one component of these reports and proposals rather than serving as a comprehensive element applicable to both. Lengthy background information might be present, but it is not consistent across all reports and proposals and does not serve as a defining element. A narrow scope analysis is not typical of feasibility reports, which often address a broader context to inform recommendations adequately.

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B. Financial forecasts only

C. Lengthy background information

D. Narrow scope analysis

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