Showing posts with label Martin. Show all posts
Showing posts with label Martin. Show all posts

Friday, November 15, 2019

Martha’s mom asks her to go to the grocery store for her. Martha agrees and heads upstairs to get ready.

Which of the following is not a barrier to communication?
a. filtering
b. intention of communication
c. selective perception
d. jargon
(b) Easy/Comprehension

55. Jason received the sales report and noted how badly the southern sector performed. As he prepared the a presentation for the weekly executive meeting, Jason decided to focus his remarks on the northern and western sectors, which had record sales levels, and refrain from mentioning the southern numbers. This scenario focuses on the communication barrier of
a. filtering.
b. selective perception.
c. emotional disconnects.
d. semantics.
(a) Medium/Analysis

56. Which of the following statements about filtering information is INCORRECT?
a. Filtering is withholding information to manage a person’s reactions.
b. Filtering prevents people from getting a complete picture of a situation.
c. People tend to filter downward communication more than upward communication.
d. To maximize the chances of sending effective communication, it is advisable to use multiple channels to send it.
(c) Medium/Analysis

57. Which of the following is not a criterion that individuals may use in deciding whether or not to filter a message?
a. past experience
b. month of the year
c. emotional state, involvement with the topic and level of attention
d. knowledge and perception of speaker
(b) Medium/Comprehension

58. Martin is the financial director of the small business. He recently read a memo from one department presenting a new idea for a product. During the discussion on the item afterward, Martin kept focusing on the cost of producing and marketing that product. The barrier facing Martin in this scenario is
a. filtering.
b. selective perception.
c. emotional disconnects.
d. semantics.
(b) Medium/Comprehension

59. The personal filtering of what we see and hear so as to suit our own needs is
a. filtering.
b. semantics.
c. selective perception.
d. information overload.
(c) Easy/Knowledge

60. Martha’s mom asks her to go to the grocery store for her. Martha agrees and heads upstairs to get ready. Before she leaves her house, she sits down at her desk to check her e-mail and receives a text message from her friend Nancy to turn on the television and see the story about their friend, Jill. As the story about Jill comes on, Martha’s mom comes in and asks Martha to get her an eight-ounce can of diced tomatoes. Martha smiles at Mom and nods and listens to the story on television as she e-mails Sandra and picks up her phone to text Nancy.  When Martha gets to the store, she heads to the tomato aisle and stands in front of the pureed tomatoes trying to remember if mom wanted an 8- or 16-ounce can. This scenario depicts which barrier to communication?
a. filtering
b. selective perception
c. semantics
d. information overload
(d) Medium/Application

61. Bill is speaking to a group of fellow marketing specialists at a national convention. He opens his presentation with a dumb blonde joke. Unfortunately, there is dead silence in the room. Bill did not fully address which barrier to communication in preparing his speech?
a. filtering
b. selective perception
c. lack of source familiarity or credibility
d. semantics
(c) Medium/Application

62. Which of the following statements about workplace gossip is not correct?
a. Research finds that only a minimal amount of workplace communication occurs at the grapevine level.
b. Politically motivated employees use the grapevine to disseminate self-promoting information in the organization.
c. Employees trust their peers as a source of information.
d. Managers can control and manipulate the grapevine if they understand it.
(a) Medium/Analysis

Wednesday, November 13, 2019

You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this goal

You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this goal. You are planning on investing in an account which will pay 7.5 percent annual interest. Which of the following will reduce the amount that you must deposit today if you are to have your desired $1 million on the day you retire?

I. Invest in a different account paying a higher rate of interest.
II. Invest in a different account paying a lower rate of interest. 
III. Retire later.
IV. Retire sooner. 
 
A. 
I only

B. 
II only

C. 
I and III only

D. 
I and IV only

E. 
II and III only

 
18.
Which one of the following will produce the highest present value interest factor? 
 
A. 
6 percent interest for five years

B. 
6 percent interest for eight years

C. 
6 percent interest for ten years

D. 
8 percent interest for five years

E. 
8 percent interest for ten years

 
19.
What is the relationship between present value and future value interest factors? 
 
A. 
The present value and future value factors are equal to each other.

B. 
The present value factor is the exponent of the future value factor.

C. 
The future value factor is the exponent of the present value factor.

D. 
The factors are reciprocals of each other.

E. 
There is no relationship between these two factors.

 
20.
Martin invested $1,000 six years ago and expected to have $1,500 today. He has not added or withdrawn any money from this account since his initial investment. All interest was reinvested in the account. As it turns out, Martin only has $1,420 in his account today. Which one of the following must be true? 
 
A. 
Martin earned simple interest rather than compound interest.

B. 
Martin earned a lower interest rate than he expected.

C. 
Martin did not earn any interest on interest as he expected.

D. 
Martin ignored the Rule of 72 which caused his account to decrease in value.

E. 
The future value interest factor turned out to be higher than Martin expected.