You Have Decided to Accept Another Position and Must Write

question 12

Multiple Choice

You have decided to accept another position and must write a refusal letter to a firm that had also offered you a job.The message should be written

• A)deductively, opening with a pleasant comment regarding the interview, stating the refusal, and ending with a forward-looking statement.
• B)inductively, opening with an explanation about why the job offer is being refused, followed by the refusal, and ending with a pleasant statement.
• C)inductively, opening with the nature of the subject, followed by the reasons for the refusal, stating the refusal, and ending with a pleasant thought.
• D)deductively, opening with the refusal, followed by the reasons for the refusal, and ending with an apology for taking the interviewer's time.

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Definitions:

NAV

Net Asset Value; the total value of a fund's assets minus its liabilities, often used in the context of mutual funds.

Closed-End Mutual Funds

Investment funds with a fixed number of shares that are traded on stock exchanges, unlike open-end funds which do not have a fixed number of shares.

NAV

Net Asset Value, representing the per-share/unit price of a fund on a specific date or time.

Redeem Shares

The process of exchanging fund shares for cash or equivalent value, typically executed according to the terms set by the issuing company or fund.