Discuss the importance of trust and credibility, and why it is important not to lose credibility
What will be an ideal response?
Answer: You will be more effective when trying to persuade an audience if they believe you to have expertise and to be trustworthy, based on your knowledge, character, reputation, and behavior. If you are unknown to your audience you can try to establish credibility in a number of ways including getting to know your audience, introducing yourself effectively; and presenting your ideas effectively. Credibility is very important for capturing an audience's attention and persuading them to listen. Yet despite its importance it can be easy to lose. If a person with credibility makes statements that turn out to be false, or makes promises that can't be kept, credibility can be lost. It is also true that credibility alone isn't strong enough to change the mind of someone who is deeply interested in an issue. Additional persuasive techniques will be needed to successfully persuade an audience, but having their trust is a very valuable thing. It is certainly of enough value to strive for, despite the fact that this is not done overnight. Credibility is also not a black and white thing; it's not a matter of complete trust or complete lack of it. So it is certainly worth some effort and time to try to establish credibility.
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Analysts look for red flags in financial statements that may signal financial trouble. Which of the following is a red flag that suggests that a company may be in trouble?
A) a decline in days' sales in inventory B) a decrease in days' sales in receivables from year to year C) a reduction in the debt ratio D) net cash provided by operating activities is consistently lower than net income
In operant conditioning, if we want to cause a particular behavior to decrease, we would use punishment or ______.
A. negative reinforcement B. positive reinforcement C. extinction D. onboarding
What is the difference between a company's intranet and the Internet?
A. Internet sites can be hacked into, but intranet sites are safe. B. People's Internet use can be monitored, but intranet use is impossible to monitor. C. People can access email using the Internet, but not using company intranets. D. The Internet is publicly accessible, but company intranets are accessible only to employees. E. None of the above is correct; the Internet and a company's intranet are exactly the same thing.
The following account balances are taken from Ferguson Sports at December 31.?20X220X1Accounts receivable$18,020$23,450Net sales163,500157,100Calculate the number of days' sales uncollected for both years. According to this analysis, is the company's collection of receivables improving? Explain.
What will be an ideal response?