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A common type of business document that outlines the needs, costs, and benefits of a new program in order to justify obtaining new resources would best be called a:

a. Grant request for proposals.
b. Market analysis.
c. Business plan.
d. SWOT plan.

1 Answer

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Final answer:

The document is called a business plan, including a comprehensive examination of problems, solutions, and a cost/benefit analysis to justify resource acquisition for a new program.

Step-by-step explanation:

A common type of business document that outlines the needs, costs, and benefits of a new program in order to justify obtaining new resources would best be called a business plan. This document not only proposes a transaction between a business and a client but also details deliverables, a schedule, costs, and payment terms. It includes a thorough examination of the proposal's problem, solutions, and should also conduct and present a cost/benefit analysis, comparing what will be sacrificed and what will be gained to help make informed decisions. The body of such a document should discuss the problem in depth, propose possible solutions, address potential objections, and conclude with recommendations backed by evidence like statistics and synthesis of information.

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