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Communication Is a Two Way Process, and Hence It Is

question 30

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Communication is a two way process, and hence it is vital that you create adequate feedback mechanisms to capture the voice of your employees and to understand their point of view.

Identify critical factors affecting organizational effectiveness and the role of departments.
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Definitions:

Foreign Currency Transactions

Deals or exchanges that involve the use of currency other than the domestic currency of the entities involved.

Straight-Line Method

An accounting method of depreciation that allocates an asset's cost evenly throughout its useful life.

Functional Currency

The currency of the primary economic environment in which an entity operates and carries out its financial transactions.

Cash Dividend

A distribution of a portion of a company's earnings paid to its shareholders in the form of cash.

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