The Three Types of Noise That Can Block Communication Are

question 33

Multiple Choice

The three types of noise that can block communication are

• A)loud, moderate, and soft.
• B)mass communicational, personal, and transactional.
• C)external, physiological, and psychological.
• D)sociological, psychological, and communicational.
• E)linear, interactional, and transactional.

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Definitions:

Negative Externalities

Costs suffered by a third party due to an economic transaction that they were not a part of.

Coase Theorem

A principle that asserts that if property rights are well-defined and transaction costs are negligible, parties will negotiate to correct externalities and allocate resources efficiently.

Private Market

A private market is a part of the financial market in which investments are negotiated directly between parties, without public market listing.

Externalities

Unintended outcomes from business transactions impacting external groups, not included in the product or service pricing.