A "Draft Drawn on a Bank and Payable on Demand

question 131

Multiple Choice

A "draft drawn on a bank and payable on demand" is a:

• A) check
• B) note
• C) certificate of deposit
• D) deposit slip
• E) promissory note

Appreciate the dynamics of organizational design in response to globalization and cultural differences.

Understand the concept of environmental uncertainty and its impact on organizations.

Comprehend the characteristics and benefits of high-performance work systems.

Identify the key components necessary for the development of trust in virtual organizations.

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Definitions:

Pushing Strategy

Personal selling to market an item to wholesalers and retailers in a company’s distribution channels.

Public Relations

Organization’s communications and relationships with its various public audiences.

Living Room Couch

A living room couch is a piece of furniture designed for seating multiple people; it serves as a central, comfortable element in living spaces.

Close the Sale

The process of confirming an agreement with a customer to purchase a product or service, finalizing the transaction.