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The Importance of Communication
Employee morale has declined over the past few months among employees at Manufacturing Resources International, a multimillion-dollar company that focuses on the export of laser technology to various countries.Company management feels that employees and managers alike need a refresher course on proper communication.John has been hired as a consultant to analyse the situation and make recommendations to the company's senior management.
-Refer to The Importance of Communication (Scenario) .After reading the report, Karen, one of the company's senior managers, asked John to elaborate on the various directions in which organisational communication can flow.John replied that organisational communication could flow in all of the following directions EXCEPT ________.
Contraction
A phase of the business cycle where there is a decline in national output and economic activity.
Standard Of Living
The degree of wealth and material comfort available to a person or community, measured through income, employment, class disparity, poverty rate, and housing affordability.
Real GDP
The total value of all goods and services produced within a country, adjusted for inflation, reflecting the real quantity of goods and services.
Real GDP Per Capita
Real GDP divided by the population; the best measure of an economy’s standard of living.
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