A hospital whose departmental and shift teams share information and expectations about work is an example of high media richness.
<h3 /><h3>What is media wealth theory?</h3>
It is a way of classifying and structurally evaluating the wealth of media used in the work environment. The theory states that the greater the ability of a medium to convey a complex message effectively, the richer it will be.
Therefore, high media richness is related to reducing ambiguity in a communication, conveying a message more quickly and effectively.
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Answer:
False
Explanation:
The correct answer is false because the interest rate does affect the intertemporal budget constraint.
A higher interest rate, will cause the budget line to pivot upwards while a lower rate will make the budget line to pivot downward.
The intertemporal budget constraint can used to show a decision on how to save. It refers to the constraint which an individual encounters when making choices for the present and for the future. It reflects a consumer's decision on the amount to consume in the present and the amount to save in the future.
Answer:
Liability needs to be reduced by cash refunds that are made to customers as and when the containers are returned.
Cash refunds = Deposits collected * Percentage returned
Cash refunds = $100,000 * 95%
Cash refunds = $95,000
Date General Journal Debit Credit
Liability - Refundable Deposits $95,000
Cash $95,000
Answer:
Competition
Explanation:
In the capitalistic economy, COMPETITION ensures that a firm will survive only if it serves its customers well by providing products and services that meet their needs.
Hence, Competition is a favorable concept for business because it stimulates the improvement and growth of new and decent commodities in the markets.
To consumers, competition is good because it normally leads to better service and lower the costs or prices of commodities.
1= A. Balancing a back account
2= B. bank statement