Which of the Following Best Expresses the Role of Goodwill

question 79

Multiple Choice

Which of the following best expresses the role of goodwill in business?

• A)Goodwill is a luxury that communicators can't afford, given the more important priorities they must achieve.
• B)Goodwill is merely etiquette, adding embellishments to messages to make them sound more polite.
• C)Goodwill is a nice indulgence that allows you to be gracious to people when you have extra time and energy.
• D)Goodwill is key to building and strengthening the relationships that are vital to an organization's success.
• E)Goodwill is the icing on the cake that allows people to feel good about the hard work they do.

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Definitions:

Trade Barriers

Measures implemented by countries to restrict or control international trade, such as tariffs or quotas.

Per Capita

A statistical measure that divides an aggregate by the number of units in the population, used to give a sense of the average per person.

Income Gap

The economic disparity between individuals or groups in terms of income distribution within a population.

GDP

Gross Domestic Product, a measure of the economic performance of a country, representing the total value of all goods and services produced over a specified time period.