When a business customer buys on credit from another business, the seller of the product will often offer an extended payment period for the product or service, but with an incentive to delay payment of the bill in an effort to earn a finance charge
Indicate whether the statement is true or false.
Answer: FALSE
Explanation: When a business customer buys on credit from another business, the seller of the product will often offer an extended payment period for the product or service, but with an incentive to pay the bill early.
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Channel systems cannot be as easily changed as a marketing strategy
Indicate whether the statement is true or false
Morgan is a line manager who wants to cut costs and make her department more efficient. She is not sure what she is allowed to do to achieve his goals. Morgan should ask the human resources department for help understanding the ______ responsibilities of line management.
A. appraisal and promotion B. labor cost controls C. leadership and motivation D. training and development
Fulfill your responsibility to keep the meeting on track, moving toward the _________________
a. next meeting b. achievement of the purpose c. quick conclusion d. opportunity for questions
Sydney's Emporium has 59 stores in the United States and wants to expand globally. Sydney's wants to achieve the highest possible returns, and is not concerned about pursuing a high-risk strategy as long as it maintains complete control over its stores. The best global entry strategy for Sydney's is most likely
A. a joint venture. B. a strategic alliance. C. franchising. D. direct investment. E. exporting.