POM-test 4 questions and answers9
John wants to start a new business and prefers to keep the paperwork simple and avoid large
legal fees. Further, he does not want his personal property attached to the business. In this
scenario, John should start his business as a _____. - ANSWERS -limited liability corporation
Borrowing money from another person, a bank, or financial institution to start a business is
called ________. - ANSWERS -debt financing
The form of financing called ______ requires collateral that pledges business assets or personal
assets as security in case of default. - ANSWERS -debt financing
A wealthy private individual who invests in return for equity in a new venture is called a(n)
______. - ANSWERS -angel investor
Managers need __________ , which comes from who managers know and how well managers
relate to them, to get things done while working with other people - ANSWERS -social capital
The ______ element of the communication process conveys the receiver's response back to the
sender. - ANSWERS -feedback
Tom is trying to save money by having a telephonic conversation with an important customer
instead of flying in to talk to him directly. Tom is trading communication __________ for
communication __________. - ANSWERS -effectiveness; efficiency
Effective communication occurs when ________. - ANSWERS -the receiver fully understands the
sender's intended message
, _______ occurs when the cost of the communication is minimal. - ANSWERS -Efficient
communication
In the communication process, poor choice of communication channels, poor written or oral
expression, and failure to recognize nonverbal signals are examples of _______. - ANSWERS -
noise
Wireless transmission is a form of communication ________. - ANSWERS -channel
A _____ is the pathway used to carry a message. - ANSWERS -communication channel
The capacity of a communication channel to effectively carry information is called ______. -
ANSWERS -channel richness
A communication channel that is capable of carrying enough information to assure good
personal two-way communication is said to have ______. - ANSWERS -a high channel richness
Which of the following forms of communication provides the highest quality and quantity of
information? - ANSWERS -face-to-face
Which of the following communication channels works best when we need immediate
feedback? - ANSWERS -face-to-face
Which of the following forms of communication provides the lowest quality and quantity of
information? - ANSWERS -postings on bulletin boards
Which of the following communication channels is an example of an impersonal, one-way
interaction with limited opportunity for feedback? - ANSWERS -Emails
John wants to start a new business and prefers to keep the paperwork simple and avoid large
legal fees. Further, he does not want his personal property attached to the business. In this
scenario, John should start his business as a _____. - ANSWERS -limited liability corporation
Borrowing money from another person, a bank, or financial institution to start a business is
called ________. - ANSWERS -debt financing
The form of financing called ______ requires collateral that pledges business assets or personal
assets as security in case of default. - ANSWERS -debt financing
A wealthy private individual who invests in return for equity in a new venture is called a(n)
______. - ANSWERS -angel investor
Managers need __________ , which comes from who managers know and how well managers
relate to them, to get things done while working with other people - ANSWERS -social capital
The ______ element of the communication process conveys the receiver's response back to the
sender. - ANSWERS -feedback
Tom is trying to save money by having a telephonic conversation with an important customer
instead of flying in to talk to him directly. Tom is trading communication __________ for
communication __________. - ANSWERS -effectiveness; efficiency
Effective communication occurs when ________. - ANSWERS -the receiver fully understands the
sender's intended message
, _______ occurs when the cost of the communication is minimal. - ANSWERS -Efficient
communication
In the communication process, poor choice of communication channels, poor written or oral
expression, and failure to recognize nonverbal signals are examples of _______. - ANSWERS -
noise
Wireless transmission is a form of communication ________. - ANSWERS -channel
A _____ is the pathway used to carry a message. - ANSWERS -communication channel
The capacity of a communication channel to effectively carry information is called ______. -
ANSWERS -channel richness
A communication channel that is capable of carrying enough information to assure good
personal two-way communication is said to have ______. - ANSWERS -a high channel richness
Which of the following forms of communication provides the highest quality and quantity of
information? - ANSWERS -face-to-face
Which of the following communication channels works best when we need immediate
feedback? - ANSWERS -face-to-face
Which of the following forms of communication provides the lowest quality and quantity of
information? - ANSWERS -postings on bulletin boards
Which of the following communication channels is an example of an impersonal, one-way
interaction with limited opportunity for feedback? - ANSWERS -Emails
