Two Important Sets of Factors to Consider When Choosing the Appropriate

question 156

Multiple Choice

Two important sets of factors to consider when choosing the appropriate communication channel for a given situation are:

• A)empathy and speed.
• B)social acceptance and media richness.
• C)ambiguity and novelty of the problem.
• D)gender and culture.
• E)availability of technology and cost.

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Definitions:

Fixed Assets

Long-term tangible assets that are used in the operations of a business and are not likely to be converted to cash in the short term.

Warehouse Financing

A form of financing used by banks and other institutions to loan money to companies using inventory as collateral.

Trust Receipt

A trust receipt is a financial document issued by a bank to a buyer who has obtained a loan to purchase goods, where the buyer agrees to hold the goods in trust for the bank until the loan is repaid.

Inventory Loans

Short-term loans or lines of credit secured by a company’s inventory, used to purchase products for sale.