When an Organization Has an Interest in Increasing the Efficiency

question 49

Multiple Choice

When an organization has an interest in increasing the efficiency and speed of communication between managers at different levels and in different departments, then ________.

• A) upward communication works best
• B) diagonal communication should be used
• C) lateral communication is ideal
• D) downward communication works the fastest

---

Definitions:

Organized Exchange

A regulated market where securities, commodities, derivatives, and other financial instruments are traded.

Forward Contracts

A financial contract between two parties to buy or sell an asset at a predetermined future date for a price agreed upon today.

Gold Futures

Standardized contracts to buy or sell gold at a specified future date and price, used by investors for hedging and speculative purposes.