Effective Meetings
True or False: Even though there is a start time for a meeting, you can enter late since the important conversations aren't in the beginning.
False
Why is it important to have face-to-face communication during online meetings?
It makes the meeting feel more personal and helps people connect better.
What is the difference between hearing and listening in communication?
Hearing is passive. Listening is active and the person is trying to actually retain what is being said to them. It requires focus, attention, and understanding.
What are the 3 major financial statements?
Income Statement, Balance Sheet, and Cash Flow Statement
What is the main purpose of a meeting?
To stay focused on one topic and get things done.
Why is communication important when working with people overseas?
It ensures everything is going smoothly and prevents misunderstandings.
Why is it important to respond to ideas shared by employees rather than skipping over them?
Responding to employees' ideas shows respect and validation for their input. It encourages future participation, fosters a culture of open communication, and helps the organization benefit from a diverse range of perspectives.
What type of business form has the most revenue?
Corporations
Why is it important to start a meeting on time?
Starting on time keeps the meeting organized and shows respect for everyone’s time.
What should you do before meeting someone from a different culture?
Research their culture or do some cross-cultural training.
How can a manager encourage upward communication in an organization?
By creating a safe environment where employees feel comfortable sharing their ideas, concerns, and feedback. This can be achieved through regular one-on-one meetings, anonymous surveys, or open-door policy
What is a learning management system (LMS)?
A software application for the administration, documentation, tracking, reporting and delivery of educational courses or training programs
What should you make sure of before scheduling a meeting?
Make sure there’s a good reason for the meeting, like decision-making or solving problems.
How can you make the other party feel comfortable in a meeting?
Be respectful, clear in your communication, and encourage their responses.
What role do standardized communication tools play in improving consistency within an organization?
Standardizing communication tools ensures that everyone in the organization is using the same platforms and processes, which reduces confusion and streamlines communication. It helps improve efficiency, ensures no message is lost, and allows easier tracking of conversations and decisions.
Which individual typically checks the accuracy of a company's financial statements?
External auditor
What can happen if meetings lack structure or a clear purpose?
The meeting could become unproductive, waste time, and cause confusion.
What can happen if you don’t follow proper etiquette in an international meeting?
It could cause misunderstandings or make the other person feel disrespected.
What strategies can a manager use to follow up on meetings with clear expectations and notes to ensure accountability and continued engagement?
Send out meeting notes or a summary of action items and deadlines immediately after the meeting. Regular check-ins or follow-up meetings can also help hold individuals accountable and keep momentum going.
What is the nature of executive compensation?
Financial compensation and other non-financial awards received by an executive from their firm for their service to the organization.