In the Face of Virtuality of Work Relationships Brought on by Advances

question 47

Multiple Choice

In the face of virtuality of work relationships brought on by advances in information technology, an effective leader will

• A) refuse to participate in e-mail communication and continue to use traditional means of spoken and written communication.
• B) phase out traditional communication methods-face-to-face, telephone, letters, meetings and phase in electronic communication whenever and wherever possible.
• C) maintain high standards of written and spoken communication and take advantage of the speed, convenience and cost of electronic communication while maintaining as much face time as possible.
• D) none of the above.

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Definitions:

Common-sized Income Statement

An income statement in which each line item is expressed as a percentage of sales revenue, allowing for easy comparison across periods or companies by standardizing the scale.

Horizontal Analysis

A financial analysis technique that compares historical financial data over a series of reporting periods, or of different companies during the same period.

Certain Date

A specific, determined point in time, often mentioned in contracts and agreements.