An Example of External Communication Would Be ____________________

question 5

Multiple Choice

An example of external communication would be ____________________

• A)an email from a salesperson to a customer.
• B)a memo from a manager at headquarters to a manager at a store in another state.
• C)a teleconference among company sales representatives in several states.
• D)talking on a cell phone to a colleague.

---

Definitions:

Perfectly Competitive

A market structure where many firms offer a homogeneous product, and no single buyer or seller can influence the market price.

Market Demand Curve

A graph representing the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.

Perfectly Competitive Industry

A market structure characterized by many small firms, homogeneous products, and free entry and exit, leading to price takers.

Market Demand Curve

A graphical representation showing the quantity of a good or service buyers are willing to purchase at various prices.