Answer: Discretion
Explanation: In simple words, discretion refers to the freedom that an individual get to make decisions that might affect him or her. In business sense, it refers to the freedom of performing the job without any monitoring or interfere from the seniors.
In the given case, the company did not interfere with the job of Herb and followed his instructions even though it sounded crazy at first.
Hence we can conclude that the leadership gave herb high degree of discretion.
Answer: 1. A . Treasury bonds are not completely riskless, since their prices will decline when interest rates rise.
2. A. The New York City government
3. B. Municipal bonds
4. A. An investor from Kansas that invests in a municipal bond issued by the State of Kansas will pay neither state nor federal taxes on the bond’s coupon payments
5. B. Treasury bonds
Explanation:
1. Treasury Bonds are known as the safest bonds in the world and so are generally considered risk-less. However this is not so as they still fall victim to Interest rate risk which is the risk that their prices will decline when interest rates rise because bond prices are inversely related to price.
2. The City of New York issued to bonds in question so it is a New York City Government bond.
3. Municipal Bonds are issued by a state, county or a municipality so the above is a Municipal bond as it was issued by the City of New York.
4. Municipal Bonds attract no Federal taxes and when buying a Municipal bond as a resident of the Municipality you are in, you will.not get charged the Municipal taxes either on the bond coupon payments.
5. Default risk is the risk that the issuer will not pay back. US Treasury Bonds are known as the safest in the world and have not been defaulted on in over a century. They therefore have the lowest default risk.
Business comunication main purpose is to improve organizational practices, eliminate silos, keep employees informed and reduce errors.
<h3>What is
Business comunication?</h3>
Business communication is the exchange of information between personnel both inside and outside of an organisation. The manner in which employees communicate and conduct themselves within a firm is critical to the company's success in the commercial world.
Business communication is critical for conveying clear, compelling signals about strategy, customer service, and branding. A company that is developing a brand sends out a consistent message that is suited to its target audience. Internal communication fosters rapport between employees and management while also encouraging teamwork and collaboration.
Clarity is a rule that every business must follow. Clarity is the first and most important rule of all business communication. The ideals of brevity and objectivity underpin business communication. The goal of business communication should always be consistency.
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The answer is true. It is because if the reader fails to act then it meant that he or she is not doing his or her job in which he or she should be doing and by that, his or her outcome in the task that he or she is assigned to will likely be wasted or be poorly done such as the sales message being wasted if the reader had failed to act.
The answer is Joint Venture. It is the agreement or the business arrangement of two or more companies that agrees to share resources for a specific purpose without loosing their identities. The companies will share expenses, looses and profit associated with the venture but their other business interest will remain separate.
