When There Is an Interest in the Efficiency and Speed

question 115

Multiple Choice

When there is an interest in the efficiency and speed of communication between managers at different levels and in different departments, then _________ .

• A) lateral communication is ideal
• B) upward communication works best
• C) informal communication will work the fastest
• D) diagonal communication should be used

---

Definitions:

Principal

An amount of money that is loaned or invested, excluding any interest or profit earned on it.

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the loan is not repaid according to the agreement.

Accounts Payable

The amount a company owes to suppliers for goods and services purchased with credit.