Provide at least three suggestions to help a person become a good listener. Give an example from your own experience of times when either you or your listener violated these suggestions.
What will be an ideal response?
To become a good listener, don't think about what you're going to say until the other person has finished talking. Judge content, not delivery. Don't tune out someone because of his or her accent, clothing, mannerisms, personality, or speaking style.
Ask questions, and summarize remarks. Ask questions to make sure you understand. Recap what the speaker said.
Listen for ideas. Don't get diverted by the details; concentrate on the main ideas.
Resist distractions and show interest. Don't get distracted by things other people are doing, paperwork on your desk, things happening outside the window, television or radio, and the like. Show the speaker you're listening, periodically restating in your own words what you've heard.
Give a fair hearing. Don't shut out unfavorable information when you hear a term that suggests ideas you're not comfortable with. Try to correct for your biases.
The student should then give examples from his or her own experience.
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Three methods to separate costs into fixed and variable are the ________, ________, and ________ methods.
What will be an ideal response?
____________refers to the lag of time between our thinking and our speech.
a. Active talking b. Paraphrasing c. Differential d. Supportive communication
Which of the following is a source of long-term funds for firms?
A. Trade credit B. Revolving credit agreements C. Factoring D. Corporate bonds
Suppose a firm wants to borrow $200 million for 5 years to fund capital expenditures, and is
considering the choice of a bank loan or a public issue through an investment banking firm as underwriter. For simplicity, we will assume that in either case the firm will issue pure-discount debt. The bank demands a 10.25% interest rate (with no fee), while the underwriter states that the interest cost will be 9.25 percent with 3% flotation costs. Which funding source provides the lower effective interest cost? a. the bank loan b. the public issue c. both provide exactly the same effective interest cost