Which Statement Does NOT Describe the Use of Business Letters

question 15

Multiple Choice

Which statement does NOT describe the use of business letters as a communication channel in today's digital age?

• A)In certain situations, letters are still the preferred channel of communication for delivering messages inside an organization.
• B)Businesses continue to give letters to customers a high priority because these messages encourage product feedback, project a favourable image of the organization, and promote future business.
• C)Business letters are less likely than electronic media to be intercepted, misdirected, forwarded, retrieved, or otherwise inspected by unintended recipients.
• D)Business letters presented on company stationery carry a sense of formality and importance not possible with e-mail.

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Definitions:

Monopsony

A market condition where there is only one buyer for many sellers, giving the buyer significant control over prices and terms.

Labor Supply Curve

A graphical representation showing the relationship between the number of hours worked by individuals and the wage rate, indicating how many hours they are willing to work at a given wage.

Equilibrium Wage

The wage rate at which the quantity of labor demanded by employers equals the quantity of labor supplied by workers.

Level of Employment

The total number of people employed in the economy at a given time, reflecting the jobs available and workforce participation.