The Outcome of Effective Two-Way Communication Outside an Organisation Is

question 8

Multiple Choice

The outcome of effective two-way communication outside an organisation is:

• A) short-term relationships built on profit margins.
• B) long-term relationships built on collegiality.
• C) long-term relationships built on trust and goodwill.
• D) short-term relationships built on mutual benefit and risks.

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Definitions:

Budgeted Fixed Expenses

Estimated costs that do not change with the level of activity within a certain range and time period.

Inventory Purchases

The total cost of buying raw materials and goods for sale during a specific accounting period.

Collection Pattern

A specific sequence or method used to collect data, payments, or resources, often used in accounting or project management.

Operating Expenses

The costs associated with running a business that are not directly tied to the production of goods or services, such as selling, general, and administrative expenses.