Emma Runs a Small Business and Wants to Improve Communication

question 87

Multiple Choice

Emma runs a small business and wants to improve communication among her increasingly diverse staff.Which of the following should she do?

• A) Consider having employees take part in diversity awareness training.
• B) Start learning more about her own culture.
• C) Encourage differences because sameness can foster groupthink.
• D) All of these choices

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Definitions:

Recessionary Period

A time characterized by economic decline across the economy, lasting more than a few months, typically visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

Inflation

A general increase in prices and fall in the purchasing value of money.

Inventories

Producers’ stocks of finished and in-process goods.

Economic Fluctuations

Variations in the economic activity of a country over time, including periods of growth (expansions) and decline (recessions).