It Is Not Acceptable to Use Jargon in Business Writing

question 46

True/False

It is not acceptable to use jargon in business writing.

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Definitions:

Imports

Goods and services bought by residents of a country from other countries.

Opportunity Costs

The loss incurred by not opting for the alternative that stands as the next best choice during decision-making.

Specialization

The process of focusing resources on a limited range of goods or services to gain efficiency or quality advantages.

Comparative Advantage

The capability of an entity to generate a specific product or offer a service with lesser marginal and opportunity costs compared to others.