Which of the Following Statements About Phones and Phone Usage

question 93

Multiple Choice

Which of the following statements about phones and phone usage in today's businesses is most accurate?

• A) Phones are not an important communication tool in today's business offices.
• B) The telephone has been replaced by e-mail as the No. 1 communication channel.
• C) Effective business communicators know how to use phones productively, efficiently, and professionally.
• D) Today's offices do not come equipped with phones.

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Definitions:

Recessions

Periods of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

Equation of Exchange

An economic equation (MV = PQ) that relates the money supply (M) and its velocity (V) to the price level (P) and quantity of goods sold (Q).

MV = PQ

An equation of exchange in economics that states money supply times the velocity of money equals the price level times the output (quantity of goods and services produced).

Big Government

A term referring to a government or state perceived as overly involved in the various aspects of societal, economic, and personal lives of its citizens.