Think Back to a Time When You Had a "Miscommunication

question 7

Essay

Think back to a time when you had a "miscommunication" with someone else. Using the elements of communication, describe the communication that took place and what element(s) led to the breakdown. What could have been changed to prevent the misunderstanding?

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Definitions:

Accounts Receivable

sums of money owed to a company by customers for goods or services delivered or used but not yet paid for.

Inventory

The total amount of goods and materials held by a business for the purpose of resale, production, or repair.

Total Equity Value

The total value of all shareholder equity in a company, calculated as the market value of total assets minus total liabilities.

Return on Equity

A measure of financial performance calculated by dividing net income by shareholder equity, indicating how efficiently a company uses investments to generate earnings.