When Making a Speech,it Is Important to Know the Audience

question 39

True/False

When making a speech,it is important to know the audience.

---

Definitions:

Aversion To Risk

Risk aversion is the preference to avoid uncertainty.

Cash Balances

The amount of available cash in a company's accounts at any given time, used to meet short-term obligations.

EOQ Model

An inventory management formula that identifies the optimum order quantity to minimize both ordering and holding costs.

Constant Demand

A condition in which the demand for a product or service remains unchanged over a particular period of time.