Which Areas and Principles Can Help Firms to Navigate in the Current

question 60

Multiple Choice

Which areas and principles can help firms to navigate in the current crisis?

• A)Top management need to concentrate on cashflow and survival
• B)A comprehensive, exhaustive strategic review is called for
• C)Management needs to cut prices
• D)All of the above

---

Definitions:

Communication Process

The steps through which information is conveyed between a sender and a receiver, including encoding, medium of transmission, decoding, and feedback.

Media Richness

The ability of a communication medium to effectively convey information and promote understanding in a timely manner.

Employee Use

Pertains to how organizations leverage the skills, abilities, and time of their workforce to achieve business objectives and operational requirements.

E-Mail

E-mail is a system for sending messages and documents over a computer network, allowing for electronic communication between individuals.