Which of the Following Is a Disadvantage of Written Communication

question 103

Multiple Choice

Which of the following is a disadvantage of written communication?

• A)It provides a record of the communication.
• B)More care is taken in the thought process about what is to be conveyed.
• C)It can be stored for an indefinite time period.
• D)It requires more time to prepare.

Identify fixed and variable costs in various business scenarios.

Evaluate the impact of changing output levels on marginal and average costs.

Recognize the relationship between the marginal product of labor and marginal cost.

Apply cost analysis to decision-making in competitive market scenarios.

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Definitions:

Competitors

Entities that operate in the same or similar industry and offer comparable products or services, thereby vying for the same customer base.

Skimming Pricing Strategy

A pricing approach where a product is initially set at a high price before gradually lowering it over time to capture different segments of the market.

R&D Costs

Expenses related to the research and development activities of a company, aimed at the innovation, improvement, or development of new products or services.

Competitive Entrants

New participants in a market who compete against established incumbents, usually introducing new competition or innovation.