"When Operational Capabilities Are Consistent with and Supportive of the Value

question 21

Multiple Choice

"When operational capabilities are consistent with and supportive of the value proposition and the outcomes desired by critical customers" - this statement best describes the concept of:

• A)Execution.
• B)Flexibility.
• C)Strategic planning.
• D)Fit.

Differentiate between communication mediums and channels.

Recognize the impact of emerging technologies and trends on business communication.

Understand the concept of plagiarism in the context of ethical communication.

Differentiate between high-context and low-context cultures and their communication styles.

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Definitions:

Kenyan Shillings

The official currency of Kenya, which is subdivided into 100 cents.

Floating Rate System

A currency exchange regime where a country's currency value is allowed to fluctuate in response to foreign exchange market mechanisms.

Government Intervention

Refers to regulatory actions taken by a government to affect its economy, which can include policies and laws to correct market inefficiencies and promote social welfare.

Current Account

A component of a country's balance of payments that measures the balance of trade in goods and services plus net earnings from abroad and net transfer payments over a period of time.