When Rejecting a Request Because of Company Policy,you Should

question 3

Multiple Choice

When rejecting a request because of company policy,you should

• A)simply cite the policy as the reason for your decision.
• B)be sure to include a copy of the policy with your rejection.
• C)explain the policy so the audience can try to meet the requirements later.
• D)say that violating the policy will get you into serious trouble.
• E)admit that you think the policy is unfair,but you have to follow it anyway.

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Definitions:

Average Rate of Return

A metric used to evaluate the profitability of an investment, calculated by dividing the average annual profit by the initial investment cost.

Capital Investment Proposals

Suggestions or plans for spending on long-term assets intended to improve a company's profitability in the future.

Cash Payback Period

The duration required for an investment to generate cash flows sufficient to recoup the initial outlay.

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from its core operations.