Communication in Contemporary Organizations Relies on the Use of ___

question 269

Multiple Choice

Communication in contemporary organizations relies on the use of ___ such as email, voice mail, instant messaging, teleconferencing, online discussions, videoconferencing, computer-mediated meetings, intranets, and Web portals.

• A) media guides
• B) office tools
• C) information technology
• D) postal operations
• E) film industry techniques

---

Definitions:

Total Revenue

The total amount of money a firm receives from sales of its products or services, calculated by multiplying the price per unit by the total number of units sold.

Price-inelastic

Price-inelastic describes a situation where the demand for a product or service is relatively unresponsive to changes in its price.

Linear Demand Curve

A graphical representation showing a straight-line relationship between the quantity demanded of a good and its price.

Price Elasticity

A measure of the sensitivity of demand for a product in response to a change in its price.