The Original Memo Sent by the CEO Is an Example

question 40

Multiple Choice

The original memo sent by the CEO is an example of ________ communication.

• A) downward
• B) upward
• C) horizontal
• D) grapevine
• E) intrapersonal

---

Definitions:

De Novo Review

A De Novo Review is a legal proceeding in which a court reviews the evidence and issues a new decision, without deferring to the original decision-maker's conclusions.

Index Rate

An Index Rate is a benchmark interest rate, such as the LIBOR or Prime Rate, that variable-rate loans or mortgages are often based on.

Variable Interest Rate

An interest rate that can fluctuate over time based on underlying benchmarks or indices, affecting the cost of borrowing or the yield on savings.

APR

Annual Percentage Rate, the yearly interest charge for borrowing, expressed as a percentage of the principal loan amount.