The Three Basic Functions of Business Communication Are to ________

question 68

Multiple Choice

The three basic functions of business communication are to ________.

• A)inform,entertain,and impress
• B)inform,persuade,and promote goodwill
• C)inform,persuade,and explain
• D)inform,instruct,and entertain

Understand the characteristics and functionalities of different types of memories (e.g., declarative, procedural, episodic, semantic).

Explain the processes involved in memory encoding, storage, and retrieval.

Recognize the impact of dual coding and associative networks on memory.

Understand the concept of memory decay and the factors that lead to forgetting.

---

Definitions:

Market Price

The price at which a good or service is offered in the marketplace.

Differentiated Products

Products that are distinguished from similar products by unique characteristics, branding, or quality, allowing companies to compete beyond price.

Perfectly Competitive

A descriptor of a market scenario where firms face many competitors, sell identical products, and have no control over the market price, leading to optimal efficiency and resource allocation.

Short Run

A time period in which at least one input, like plant size, is fixed and cannot be changed by the firm.