Recognizing That Communication Is a Two-Way Process, Managers Should Be

question 86

True/False

Recognizing that communication is a two-way process, managers should be responsive to feedback and upward communication.

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Definitions:

Wills

A legal document by which a person expresses their wishes as to how their property is to be distributed at death and names one or more persons to manage the estate until its final distribution.

Express

Clearly and unmistakably communicated, directly stated, or specified.

Settlor

An individual or entity that creates a trust by legally transferring assets to a trustee for the benefit of beneficiaries.

Trust Created

The establishment of a fiduciary relationship where a trustee holds and manages assets on behalf of a beneficiary.