To Be Effective, Business Messages Should ________

question 55

Multiple Choice

To be effective, business messages should ________.

• A) use abstract words that lend themselves to interpretation
• B) never contain opinions
• C) present more information than required
• D) give facts rather than vague impressions

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Definitions:

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, marking preferences of equal utility.

Risk-Averse

A characteristic describing an investor or decision-maker who prioritizes avoiding loss over making a gain, typically favoring safer investments.

Mean-Standard Deviation Graph

The mean-standard deviation graph is a visual representation used in finance to display expected returns (mean) of an investment against its risk (standard deviation).

Utility Function

A mathematical representation in economics that defines the level of satisfaction or utility an individual receives from different bundles of goods and services.