Which of the Following Statements About Communication and the Manager's

question 181

Multiple Choice

Which of the following statements about communication and the manager's job is TRUE?

• A) Communication is a part of almost all managerial activities.
• B) The planning function requires little communication.
• C) Communication is the only thing that holds an organization together.
• D) Thanks to electronics,the role of communication is less important now than it was ten years ago.
• E) Communication is so complex that managers need not try to understand the process.

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Definitions:

Total Utility

The overall satisfaction or benefit that a consumer derives from consuming a particular quantity of goods or services.

Indifference Curve

An indifference curve represents a series of combinations of two goods or services that give an individual equal satisfaction and utility, illustrating consumer preferences.

Satisfaction Levels

Refers to the degree of contentment or fulfillment that individuals or consumers get from the consumption of goods or services.

Indifference Curve

A graph showing different bundles of goods between which a consumer is indifferent, meaning all combinations yield the exact level of utility to the consumer.