Media Richness Depends on ________

question 88

Multiple Choice

Media richness depends on ________.

• A)the cost of using the medium
• B)a medium's ability to facilitate feedback
• C)how well a medium repeats the main idea
• D)a medium's ability to quickly deliver the message
• E)the formality of the medium

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Definitions:

Preset Price

refers to a price that is established in advance and does not change in response to market conditions or negotiation.

Price Ceiling

A legal maximum price set by the government on certain goods and services to prevent prices from becoming too high.

Price Floor

A government- or authority-imposed minimum price that can be charged for a good or service, typically set above the equilibrium price to aid producers.

Subsidizing Federal

Financial support from the federal government to help reduce the cost of goods and services or to encourage investment in specific sectors.