What are some of the advantages of videoconferencing for business communications?

What will be an ideal response?

Videoconferencing allows people in two or more locations to interact simultaneously, so groups in different parts of the country or the world can have virtual meetings. Videoconferencing reduces travel costs and increases face-to-face time between employees. It is a useful means of following up with clients and can be a mode of effectively training workers in multiple locations.

Business

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Which of the following is a characteristic of a time draft?

A. It has no value given the deferred nature of the document. B. It is generally not preferred in international transactions. C. It is a negotiable instrument. D. It is also known as a bill of lading. E. It cannot be sold by an exporter.

Business

Variable costs depend on the number of items produced

Indicate whether this statement is true or false.

Business