Remittances Refer to

question 50

Multiple Choice

Remittances refer to

• A) compensation sent back to family in the home country by recent emigrants.
• B) the flight of capital from developing nations to developed nations.
• C) the formation of capital due to technological advances.
• D) the movement from the agricultural sector to the industrial sector.

Recognize the impact of social media on business communication.

Master effective strategies for communication on social networks.

Identify when to use digital versus printed media in business contexts.

Grasp the unique aspects of email communication in a business setting.

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Definitions:

Cost Savings

The action of reducing expenses and improving efficiency in operations, often through methods such as budget cuts, restructuring, or investing in technology.

Suggest Strategies

The process of proposing plans or methods to solve specific problems or achieve objectives, typically within a business or organizational context.

Total Gain

The complete profit or advantage obtained from an investment or a series of transactions.

Stock-Purchase Plans

Corporate programs allowing employees to buy shares of the company's stock, often at a discount, as part of their benefits.