Jim, the CEO of a management firm, needs to deliver a presentation on work ethics to his employees. He has a thorough knowledge of his employees' educational backgrounds. He uses this knowledge to create a presentation that would convey the message to his employees. In the given scenario, which of the following communication guidelines is Jim following?
A. Be concise
B. Analyze your audience
C. Avoid the use of slang
D. Avoid bias
Answer: B
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A change in accounting principle from one that is not generally accepted to one that is generally accepted should be treated as
A) an error and corrected by prior period adjustment. B) a change in accounting principle and the cumulative effect included in net income. C) a change in accounting principle and prior period financial statements are restated. D) a change in accounting principle and adjustments made prospectively.
_____ is the process whereby new ideas are generated that create value for an organization.
A. Onboarding B. Innovation C. Recruitment D. Benchmarking
The proportion of completely unplanned impulse purchases in a supermarket can be studied using observation
Indicate whether the statement is true or false
In an unbalanced transportation problem, if demand exceeds supply, the optimal solution will be infeasible
Indicate whether this statement is true or false.