What are the four things that should be done for effective communication?
What will be an ideal response?
The four things that people should do to avoid problems and to communicate effectively are:
• Ensure that the receivers attend to the message they are sending.
• Consider the other party's frame of references and attempt to convey the message with that viewpoint in mind.
• Take concrete steps to minimize perceptual errors and improper signals in sending and receiving.
• Send consistent messages.
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Consider a coupon bond that pays $105 every year and repays its principal amount of $1,500 at the end of 3 years. If the annual rate of discount is 7 percent, the present value of the bond is approximately
A. $735.35. B. $765.00. C. $1,395.00. D. $1,500.00.
Which of the following is not a commonly used method to expand a business internationally?
a. Licensing. b. Foreign exchange. c. Exporting. d. Joint venture.
?The application of mechanical and human efforts to either people or objects to provide intangible benefits to customers is known as a(n)
A. ?issue. B. ?experience C. ?idea. D. ?good. E. ?service.
Jody is an agent for Kwik Credit Company (KCC). In the course of Jody's performance for KCC, Jody pays Leo for certain auto maintenance and repair services. Jody's right to obtain the amount of those payments from KCC arises under the principal's duty of
A. avoidance. B. cooperation. C. indemnification. D. reimbursement.