By Leaving Out Some Essential Information from Communications with Customers

question 29

Multiple Choice

By leaving out some essential information from communications with customers or employees,an organization is engaging in ________.

• A)unethical communication
• B)informal communication
• C)diagonal communication
• D)selective perception

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Definitions:

Demand Schedule

A demand schedule is a table that shows the quantity of a good or service that buyers wish to purchase at each possible price.

Demand Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that consumers are willing and able to purchase.

Demand Elastic

Demand elasticity measures how sensitive the quantity demanded of a good or service is in response to a change in its price.

Perfectly Elastic

Describing a situation in which the demand or supply for a good or service is infinitely responsive to changes in price.