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lora16 [44]
3 years ago
6

Chantell is the manager of the claims department for a large insurance company. She has a one-hour meeting with her staff to exp

lain the new claim form which the company will use next month. This is an example of which type of organizational communication?
Business
1 answer:
Vanyuwa [196]3 years ago
7 0

Answer:

Downward.

Explanation:

There are four types of organizational communication:

-Upward

Communications that flow from employees up to managers to keep them aware of employee needs and how things can be improved to create a climate of trust and respect.

For subordinates to superiors. The quality of this communication contributes to employees satisfaction.

-Downward (This type of communication is the one related with the case)

Communications that flow from managers to employees to inform direct, coordinate and evaluate employees.

Is a communication from superior to employees. Is considered a major method in organizational communication to keep employees informed and to convey vital information crucial for the employs to perform their jobs.

-Business

This is the communication which relates to the business. Related information among employees, management and customers.

-Informal

Happens everywhere. Provides information, power and entertainment.

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The management of money and interest rates is called ________ policy and is conducted by a nation's ________ bank.
Anna007 [38]

The management of money and interest rates is called monetary policy and is conducted by a nation's central bank.

Interest is the amount paid by the borrower or deposit-taking financial institution to the lender or depositor in excess of the repayment of the principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party.

Interest is the price you pay to borrow money or the cost you charge to borrow money. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, your bank will pay you interest.

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5 0
2 years ago
Which of the following best represents the three types of business organizations today? a. Financial, sales, and product creatio
asambeis [7]

Answer: b. Services, marketing intermediaries, and manufacturing

Explanation:

The three types of businesses today;

  • Services - Service companies sell intangible goods otherwise known as services to people who will derive value from them. As such they are highly focused on customer satisfaction which leads to them employing individuals with the knowledge and experience to provide services. Examples include; Accounting firms, law firms, etc

  • Marketing Intermediaries - These are the middle men in the market. The facilitate the flow of goods from the producer/ supplier to the end user. They include: agent, wholesalers, retailers, financial institutions etc.

  • Manufacturing - Manufacturing businesses are those who produce the goods that we use today. They are most probably the biggest and most valuable of the 3 types as they comprise of all goods manufactured in the market including technology, commodities, construction, automobiles and the like.
6 0
4 years ago
An organizationally-driven reason for outsourcing is that it can improve effectiveness by focusing on what the firm does best.
VARVARA [1.3K]

Answer:

True

Explanation:

Outsourcing is when a company gives some of its internal activities to an external party that takes the responsibility to get things done and one of the reasons for a company to do this is to get rid of activities that have to get done but that are not part of their core operations to be able to concentrate on their main activity and get those things done by experts which can help increase productivity. According to that, the answer is that the statement is true.

6 0
3 years ago
ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a ______.
MrMuchimi

If ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a:

Debit to Inventory of $500

Credit to Accounts Payable of $500.

Based on the information given if the company purchased merchandise of the amount of $500 on account, the appropriate journal entry to record this transaction is:

ABC journal entry

Debit to Inventory of $500

Credit to Accounts Payable of $500

(To record merchandise on account)

Learn more here:<em>brainly.com/question/14919979</em>

4 0
3 years ago
Revolving credit agreements are ________. short-term, unsecured promissory notes issued by a firm with a high credit standing no
timurjin [86]

Answer:

guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time.

Explanation:

According to my research on the different types of credit agreements, I can say that based on the information provided within the question Revolving Credit agreements are guaranteed loans that specify the maximum amount that a firm can owe the bank at any point in time. Like mentioned above, this is a loan agreement usually seen in cases of a firm borrowing money from a bank.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
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