Studies Show That Communication Is an Important Managerial Activity,with Managers

question 90

Multiple Choice

Studies show that communication is an important managerial activity,with managers typically spending

• A)a small but important portion of their time communicating.
• B)about half of their time communicating.
• C)most of their time communicating.
• D)all of their time communicating.

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Definitions:

Cash Payment

A transaction that involves the immediate transfer of cash from the buyer to the seller for the purchase of goods or services.

Liabilities

Financial obligations or debts that a company owes to others, which must be paid back in the future.

Debts Owed

Amounts of money that are required to be repaid by an individual or organization to creditors.

Drawing Account

A specific account used to record amounts withdrawn by the owner(s) of a business for personal use.