Which of the Following Best Explains Why Effective Communication Methods

question 61

Multiple Choice

Which of the following best explains why effective communication methods are essential to small businesses?

• A) Managers lack the time to become familiar with all employees.
• B) A few disgruntled employees can have a significant negative effect.
• C) Informality and flexibility require managers to be prepared for change.
• D) Limited investments in technology require small firm employees to adapt.

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Definitions:

Secondary Market

Collection of financial markets in which previously issued securities are traded among investors.

Debenture

Unsecured corporate bond.

Financial Reputation

The perception of a person's or organization's financial integrity and ability to meet monetary obligations, affecting their access to capital.

Collateral

An asset or property that a borrower offers as a way for a lender to secure the loan, which can be seized if the loan is not repaid according to terms.