A Company Must Deliver Bad News to Hundreds of Employees

question 40

Multiple Choice

A company must deliver bad news to hundreds of employees and wants to use digital media to do so. Which communication tool is acceptable? 

• A)E-mail 
• B)Webcast 
• C)Blogs 
• D)Any of these digital communication tools is acceptable for delivering bad news to employees.

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Definitions:

Departmental Income Statement

A financial statement that shows the revenue, expenses, and net income for each department within a company, helping to track the performance of distinct areas of the business.

Cost of Goods Sold

The costs incurred directly from the production of goods a company offers for sale, which include material and labor expenses.

Direct Expenses

Direct expenses are costs that can be directly traced to a specific cost object, such as a product, department, or project.

Departmental Contribution Margin

The difference between sales revenue and variable costs for a specific department, indicating its contribution to the overall profit.