To prepare for a career in business communication, you need to become competent in these areas:
- New media literacy
- Teamwork and collaboration
- Social intelligence
<h3>What is the
business communication career?</h3>
Business communication can be described as one of the careers that involves the sending as well as receiving of effective communications between parties.
It should be noted that this career can be seen as one that is very important within a corporation as well as organization, or business because every organization needs the communication medium where they can exchange information whether within the organization or with the outside organization.
In conclusion, anyone that want to choose a career in the business communication needs to be a computer-literate because there are some tools that will be needed in working in the organization, therefore, one need to know how to use the computer effectively.
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missing options:
New media literacy
Teamwork and collaboration
engagement
Social intelligence
The complete question is:
Expected monetary value (EMV) is
A) the average or expected monetary outcome of a decision if it can be repeated a large number of times.
B) the average or expected value of the decision, if you know what would happen ahead of time.
C) the average or expected value of information if it were completely accurate.
D) the amount you would lose by not picking the best alternative.
E) a decision criterion that places an equal weight on all states of nature.
Answer:
the average or expected monetary outcome of a decision if it can be repeated a large number of times.
Explanation:
Expected monetary value is how much money a business forecast it will gain by making a decision. It is based on probability and becomes more complicated as you get more complex scenarios.
For example if a party is taking another to court the EMV is the realistic estimate of what the party can gain in settlement at court.
The expected monetary value should be replicable, that is if the decision is taken many times it should result in an average of the EMV amount.
Answer:
The Sharpe ratio of the best feasible CAL is 0.3167.
Explanation:
Note: This question is not complete as some data are omitted. The complete qustion is therefore provided before answering the question. See attached pdf file for the complete question.
Risk-free rate = Sure rate of the T-bill money market fund = 4.6%, or 0.046
Sharpe ratio of a fund = (Expected return - Risk-free rate) / Standard Deviation …………. (1)
Using equation (1), we have:
Sharpe ratio of Stock fund = (16% - 4.6%) / 36% = 0.3167
Sharpe ratio of Bond fund = (7% - 4.6%) / 30% = 0.08
Since Sharpe Ratio of Stock Fund (S) is higher than Sharpe Ratio of Bond Fund (B), this implies that the best option is to invest in Stock Fund (S).
Therefore, the Sharpe ratio of the best feasible CAL is 0.3167.
Answer:
G(each firm individual curve will shift down)
Explanation:
Each firm individual curve will shift downward because the total revenue for a firm in a perfectly competitive market is the product of price and quantity (TR=P*Q) in the short run, if a firm has a negative economic profit, it should continue to operate if its price exceeds its average variable cost. It should be brought down if its price is below its average variable cost.
Answer:
Payback is 19 months
Explanation:
It is a capital budgeting problem. Firm has invested in TQM's Channel Support systems of $1,500,000. It will increase demand of product by 1.7%.
$166385985 x1.7071. = $166389948
Last years sales revenue was $163,608,638. A 1.7% increase will mean the saleswill be -
$166385985- $163608638 = 2781347
Thus increase in sales revenue is-
Now consider contribution margin. From total sales direct variable costs are deducted to get total contribution. It is 34.2% . So extral contribution due to 1.7% increase in sales is-
$2781347 x 34/2%= $95122
Thus increase in contribution margin will also increase profit to the same extent as there is no addition in fixed cost due to this project. So firm will be able to recover $951,221of initial investment of $1,500,000 in one year. Pay back is the time required to recover this full initial investment. It ascertained by dividing $1,500,000 amount by the net addition in profit per year. Answer is-
1,500,000+ 951221= 1.6759yrs x12months= 19months