Managers Facilitate Strategic Conversations by Using Open Communication, Actively Listening

question 157

True/False

Managers facilitate strategic conversations by using open communication, actively listening to others, applying the practice of dialogue, and using feedback for learning and change.

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Definitions:

Cash

Currency or its equivalents that a company holds and can use to conduct transactions, considered the most liquid form of asset.

Face Value

The nominal or dollar value printed on a stock, bond, or other financial instrument, representing its value at issuance.

Interest

The cost of using borrowed funds, or the return on invested funds, typically expressed as a percentage rate over a period of time.

Expense

A cost incurred in running a business by consuming goods or services in producing revenue. A subdivision of owner’s equity.