In a Short Essay, Explain Why Communication Is Important to Managers

question 93

Essay

In a short essay, explain why communication is important to managers and organizations. What four functions does it serve?

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Definitions:

Earnings per Share

A financial metric calculated by dividing a company's net income by the number of its outstanding shares of common stock.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation, with voting rights and a claim on a portion of its profits in the form of dividends.

Preferred Stock

Capital stock that has some preferences over common stock.

Times Interest Earned

A financial ratio that measures a company's ability to meet its interest payments with its earnings before interest and taxes.