Which of the Following Best Expresses the Role of Goodwill

question 77

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 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 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:

Equity Options

Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a specified price before a certain date.

CCA Tax Shield

A deduction that allows businesses to depreciate the cost of an asset over time for tax purposes, reducing their taxable income.

Lessee

A lessee is a person or entity who rents land or property from a lessor under the terms of a lease.

Lessor

An entity or individual that rents out an asset or property to another party, known as the lessee.