The Two Main Ways Managers Use Cost Information Are When

question 123

Multiple Choice

The two main ways managers use cost information are when they ________ decisions;and,________ decisions.

• A)make;implement
• B)create;brainstorm
• C)control;create
• D)brainstorm;control
• E)control;accumulate

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Definitions:

External Communication

The process of exchanging information between a company and external parties such as customers, suppliers, investors, and the public.

Cynical Listening

A type of listening where the listener doubts or questions the sincerity or validity of the speaker's messages.

Grapevine

An informal communication network within an organization, spreading information through personal contacts and conversations.

Informal Communication

A form of communication that is not formal or structured, including casual conversations, gossip, and social interactions within an organization.