What is active listening? Why is it important to the feedback process?
What will be an ideal response?
Listening is important to process, accept, and act on feedback. It involves several elements that help gain as much as possible from feedback that is given. It involves eye contact and nodding to help acknowledge what the other person is saying. It also involves asking probing and clarifying questions to ensure understanding. And one should avoid distractions when actively listening to maintain focus and help ensure understanding.
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Trisha loaned Brian $600 evidenced by a promissory note. When Brian paid off the loan, he did not ask Trisha for the note. She sold it to Carin, a holder in due course. Brian does not have to pay Carin since he already paid Trisha the full $600
a. True b. False Indicate whether the statement is true or false
The drawee is the individual who signs a check and promises to pay
a. True b. False Indicate whether the statement is true or false
Which of the following terms indicates that an organization is generally recognized as being the most desirable in the industry from an employer’s perspective?
a. Employer Branding b. Employer of Choice c. Hobson’s choice d. None of these
Which of the following statements is CORRECT?
A. Suppose a firm is operating its fixed assets at below 100% of capacity, but it has no excess current assets. Based on the AFN equation, its AFN will be larger than if it had been operating with excess capacity in both fixed and current assets. B. If a firm retains all of its earnings, then it cannot require any additional funds to support sales growth. C. Additional funds needed (AFN) are typically raised using a combination of notes payable, long-term debt, and common stock. Such funds are non-spontaneous in the sense that they require explicit financing decisions to obtain them. D. If a firm has a positive free cash flow, then it must have either a zero or a negative AFN. E. Since accounts payable and accrued liabilities must eventually be paid off, as these accounts increase, AFN as calculated by the AFN equation must also increase.