Managers Use ________ Communication When They Provide Employees with Job

question 98

Multiple Choice

Managers use ________ communication when they provide employees with job descriptions, inform them of organisational policies and procedures, point out problems that need attention or evaluate their performance.

• A)upward
• B)lateral
• C)theoretical
• D)diagonal
• E)downward

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Definitions:

Time Preference

An individual's preference for receiving goods or services sooner rather than later, reflecting the value of future goods as compared to present goods.

Money Rate

Typically refers to the interest rate, which is the cost of borrowing money, or the return on investing money, expressed as a percentage.

Real Rate

The interest rate adjusted for inflation, reflecting the real cost of funds to the borrower and the real yield to the lender.

Inflationary Premium

The part of the total interest rate that represents compensation to the lender for the expected loss of purchasing power due to inflation.