A Manager Needs to Share a Somewhat Sensitive Announcement Simultaneously

question 29

Multiple Choice

A manager needs to share a somewhat sensitive announcement simultaneously with receivers from different geographic areas. In this situation, what form of media would provide the highest information richness?

• A)face-to-face communication
• B)personally addressed written communication
• C)video communication electronically transmitted
• D)impersonal written communication
• E)communication by means of a formal meeting

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Definitions:

Expected Monetary Value

A statistical concept used to calculate the average outcome when the future includes scenarios that may or may not happen.

Uncertainty

Uncertainty refers to the lack of certainty, predictability, or definiteness about an outcome or condition, often requiring risk assessment and management strategies.

Risk

The potential for loss or the negative consequences that may arise from a given action, decision, or event.

EMV

Expected Monetary Value; a quantitative risk analysis tool used to help in decision-making by calculating the anticipated monetary outcome of different scenarios.