When are winner-take-all markets good for consumers?

Why should employees be wary of participating in the grapevine in a business

Zielflug [23.3K]

First, we need to understand what grapevine means in business communication. Therefore, grapevine communication is a form of informal communication within a business organization, in other words, information is never accurate with grapevine, and this will certainly pose a threat to any business, remember, effective communication is an integral part of any organization.

Below are some of the reasons why managers should be wary of grapevine communication

1) Communications through grapevines are often not trustworthy as it is an unofficial way of communication.

2) It might cause a hostile environment between lower level staff and the executives, for instance, a colleague tells you that the boss is not happy with your work, or that your boss said he doesn't like you, this might be false, and it might affect your attitude towards your boss.

3) It can lead to discouraging news, which can then affect productivity. Imagine a story flying around the office, that management wants to retrench workers or wants to approve salary cut, now if this information is false, so many people within the lower level staff, will get discouraged, or get unnecessarily worried, this will certainly affect there work rate.

Managers are often advised to be wary of grapevine within an organization, however, managers should note that grapevine cannot be eliminated from any organization, but it can be minimized if managers engage in effective communication with their employees.

5 0

3 years ago

Timothy wants to cut costs in his company to increase the profitability of production. Which tactic should Timothy utilize to cu

Oksanka [162]

Answer:

A

Explanation:

5 0

3 years ago

Burns Corp. had the following items:

OLga [1]

Answer:

Option D is correct because the only item that relates to Income statement is Sales Revenue of $45000 and the remainder transactions net effect must go to Comprehensive Income statement.

Net effect = - $36k + $28k - $17k -$3.1k = $28.1 Loss

This net effect realized during the year in the Comprehensive Income statement because these transaction does not directly relate to core operation of the entity.

7 0

3 years ago

Briefly describe the differences among international bond, bank and equity markets. Would you support an MNC that favors financi

Katen [24]

Answer:

Answer to this question is explained below in detail.

Explanation:

This question is not complete. This has two parts a) and b). Part a) is complete and b) is incomplete. I have written down the complete question and will try to answer completely.

a) Briefly describe the differences among international bond, bank and equity markets.

b) Would you support an MNC that favors financing through bonds issues or would you rather support one that favors financing through stock issues?

Solution:

a) We are asked to differentiate between international bond, bank and equity markets.

All three terms are related to raising funds, lending or borrowing to raise the capital for some government or for any company.

Let's start with International Bonds first.

International Bonds : In this globalized world, a company can raise its capital through getting debt in the form of international bonds from international institutions over the assets value of the company. For example: XYZ company has a asset value of 10 million dollars, so it can get international bonds accordingly.

International Equity markets: Again due to interlinked world, companies and institutions all over the world can invest their funds in any company around the globe. And through equity markets companies can sell their shares to raise its capital depending upon the asset value of the company.

International Banks: International banks are international institutions which raise capital in particular country and have branches all over the world. It can lend funds to companies on particular interest rates. Furthermore, all those bonds are generated in these banks as well.

b) Supporting an MNC that favors financing through bonds issues or through equity markets or stock issues will depend on the debt/equity ratio of the company. If it is low, company should go for debt or bond issues. If it is high then it should opt for stock issues.

6 0

3 years ago

A sales person who convinces a customer to buy a more expensive product than the customer originally intended is using what sale

shusha [124]

A sales person who convinces a customer to buy a more expensive product than the customer originally intended is using what sales technique C. UPSELLING

8 0

3 years ago

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