Answer the following statements true (T) or false (F)
1. Diminished ethics by businesspeople is one of the drawbacks commonly associated with the use of social media.
2. People comprehend less than half of a typical verbal message.
3. The main purpose of those with an evaluative listening style is to try to determine the speaker's main message and important points.
4. To be a better listener, you should not distract the speaker with questions.
1. FALSE
There are problems of privacy and security associated with information technology in general, and these certainly apply to social media. Some other drawbacks: distraction, leaving the wrong impression, and replacing real conversation.
2. TRUE
Generally people comprehend only about 35% of a typical verbal message, experts say.
3. FALSE
A discerning listener tries to determine the speaker's main message and important points, often taking copious notes and concentrating hard on what the speaker says. An evaluative listener listens analytically, all the while formulating challenges to the speaker's points, asking lots of questions (perhaps to the point of being interruptive), and sometimes tuning out the speaker and missing data.
4. FALSE
Good listening is hard work. Suggestions include asking questions to make sure you understand and recapping what the speaker said.
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A product
A. is the set of intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value. B. is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfy consumers' needs and is received in exchange for money or something else of value. C. consists of the benefits or customer value received by its sellers. D. is the cluster of benefits that an organization promises customers to satisfy their needs. E. consists of items that the consumer purchases frequently, conveniently, and with a minimum of shopping effort.
On January 1, 2010, Belmont Corporation had 50,000 shares of $10 par value common stock issued and outstanding. All 50,000 shares had been issued in a prior period at $15 per share. On February 1, 2010, Belmont purchased 2,000 shares of treasury stock for $18 per share and later sold the treasury shares for $20 per share on March 2, 2010 . The entry to record the purchase of the treasury shares
on February 1, 2010, would be: a. Cash 36,000 Treasury Stock-Common 36,000 b. Cash 36,000 Treasury Stock-Common 30,000 Gain on Treasury Stock-Common 6,000 c. Treasury Stock, Common 30,000 Loss on Treasury Stock-Common 6,000 Cash 36,000 d. Treasury Stock, Common 36,000 Cash 36,000
What type of system allows a customer's bank to periodically transfer funds from its account to a selling firm's bank account for payment of bills??
A. Disbursement agreement? B. ?Preauthorized debit system C. ?Lockbox agreement D. ?Concentration banking system E. ?Zero-balance account
Acme Goblets Inc entered into an oral agreement to sell 20,000 hand-crafted bubble glass goblets to Dante's Restaurant. Subsequently, Dante's refused to accept delivery of the goblets. Acme sued the restaurant for breach of contract. Dante's purchasing agent admitted in court that he had contracted for 20,000 goblets. Which statement is correct?
a. The contract is void since it was oral. b. The contract is enforceable since Dante's purchasing agent has admitted the agreement. c. The contract is not enforceable because the parol evidence rule will keep the court from considering the purchasing agent's statement. d. The contract is integrated.