Les and His Colleagues Are Working on a Large Construction

question 27

Multiple Choice

Les and his colleagues are working on a large construction project.The environmental,architectural,and marketing specialists are located in three different geographic locations.Team members don't have time to fly to a central location every time a meeting is needed,yet they want to see each other's nonverbals.Which of the following types of virtual meetings would you suggest to this team?

• A) teleconference
• B) chat room
• C) videoconference
• D) listserve

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Definitions:

Loanable Funds

Funds available for borrowing in the financial market, influenced by interest rates and savings.

Interest Rate

The fee, represented as a percentage of the principal amount, that a lender imposes on a borrower for the utilization of assets.

Lend Money

The act of giving money to another party under the agreement that it will be repaid, often with interest, at a future date.

Unanticipated Inflation

Inflation that occurs when the general level of prices rises at a rate that was not forecasted or expected by consumers, businesses, or economists.