Describe Horizontal Communication

question 20

Essay

Describe horizontal communication. Give an example of good horizontal communication.

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Definitions:

Annual Financial Advantage

A term referring to the overall financial benefit that an organization or project is expected to generate on a yearly basis.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to covering fixed costs and generating profit.

Machine Hours

A measure of production time, quantifying how many hours machines were operational in a given period.

Industrial Fiber

A category of fiber materials that are primarily used for their physical properties and performance in industrial applications rather than their aesthetic or comfort attributes.