Why is goodwill important in business?
What will be an ideal response?
Answer: Goodwill is a term used to describe the attitude of friendliness and caring that is central to creating, solidifying, and maintaining relationships. Business depends on good relationships, so goodwill is extremely important. Goodwill techniques (e.g., using a "you" perspective, highlighting audience benefits, etc.) make your audience more receptive to your message, and also make them feel good about their business relationship with you. With a good relationship established, you will be able to work more easily and effectively with people. People are more likely to want to do business with you and to help you if they feel good about the relationship. If someone feels valued and appreciated and taken care of, they are more likely to return the favor and show the same kind of behavior toward you.
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Sampling risk is defined as the risk that an inference drawn from a sample will be incorrect
a. True b. False Indicate whether the statement is true or false
When a company receives a claim and decides to respond favorably, the message is called a(n) ____________________
Fill in the blank(s) with correct word
Mrs. Soon retired at age 68 and withdrew the entire $77,100 balance from an IRA to buy a sailboat. She opened this account in 1999. Which of the following statements is false?
A. If the account is a traditional IRA to which Mrs. Soon made $32,000 nondeductible contributions, $45,100 of the withdrawal is taxable. B. If the account is a traditional IRA funded entirely with deductible contributions, the entire $77,100 withdrawal is taxable. C. If the account is a Roth IRA, none of the withdrawal is taxable. D. None of the above is false.
If a lessee wrongfully refuses to accept goods that conform to a contract, the lessor must tender substitute goods.
Answer the following statement true (T) or false (F)