What Is an Effective Way to Build Goodwill

question 14

Multiple Choice

What is an effective way to build goodwill?

• A)By keeping correspondence audience-focused
• B)By keeping all the recipients informed
• C)By keeping messages brief and to the point
• D)By keeping the important and pertinent information of the message

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Definitions:

Banker's Acceptance

A short-term debt instrument issued by a company but guaranteed by a bank, commonly used in international trade.

Trade Acceptance

A written promise or a draft by one party, the seller, to another, the buyer, to pay a specified sum of money at a future date.

Sight Draft

A financial instrument that is payable on demand when presented to the drawee.

Net Present Value

is a method used in capital budgeting to evaluate the profitability of an investment or project by calculating the difference between the present value of cash inflows and outflows.