Instead of explaining the reason for a company policy when giving bad news, a more effective approach is to be to explain the policy

Indicate whether the statement is true or false.


Answer: False
Explanation: Instead of referring to the policy, explain the reasoning behind the policy and the refusal.

Business

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Exhibit 9-1 The Happy Cereal Company includes a premium in each box of its cereal. For four premiums plus $2.00, customers are entitled to a plastic wiggle worm that costs Happy $4.50 each. Happy expects 60% of the premiums to be redeemed. In 2016, Happy sold 500,000 boxes of cereal and distributed 25,000 wiggle worms. Refer to Exhibit 9-1. What is Happy's estimated liability for unredeemed

premiums on December 31, 2016? A) $125,000 B) $187,500 C) $225,000 D) $337,500

Business

Smith-Lockwood, a gift store, ran a half-page advertisement in a regional newspaper for Howard Miller brand clocks. Smith-Lockwood's Howard Miller supplier reimbursed the store's owner for the media cost. This is most likely an example of ________ advertising.

A. trade B. institutional C. co-op D. national E. industrial

Business

Intensive distribution is typically associated with low-cost ________.

A. industrial goods B. heavy equipment C. machine tools D. manufacturing tools E. convenience goods

Business

Current compensation is usually comprised of salary, wages, and bonuses.

Answer the following statement true (T) or false (F)

Business