Which of the Following Statements About Using Cell Phones for Business

question 30

Multiple Choice

Which of the following statements about using cell phones for business is most accurate?

• A) Because cell phones can be so annoying to others, you should not use them for business purposes.
• B) To make yourself look professional and important, you should leave your cell phone on at all times during the workday.
• C) Choose a unique and creative ring style, such as your college fight song, to rapidly distinguish calls to your cell phone.
• D) Be careful about using your cell phone to discuss private or confidential company information.

Grasp the basics of supply, demand, and price elasticity.

Understand the impact of substitute goods on market demand.

Explain consumer surplus and producer surplus in a market transaction.

Recognize the role of competitive markets and the principle of the invisible hand in promoting efficient resource use.

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Definitions:

Assignment

The passage of control over assets, obligations, or rights from one person to another.

Donee Beneficiary

A third party who benefits from a contract made between two other parties, particularly when the contract's purpose is to give a gift to the third party.

Cause of Action

A collection of sufficient facts that validates the entitlement to initiate legal action for the purpose of acquiring money, property, or enforcing a right against someone else.

Breaching Party

the party in a contract who fails to fulfill their contractual obligations, thereby violating the agreement.