Which of the following actions is taken to reduce the collections period for receivables of a firm??
A. ?Increasing the sales of the firm
B. ?Decreasing the purchases of the firm
C. ?Modifying the credit policy of the firm
D. ?Changing the inventory valuation method of the firm
E. ?Revising the working capital policy of the firm
Answer: C
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What are four major psychological principles that can influence people to change their minds or comply with a request? Be specific in your answer
What will be an ideal response?
International trade generally
a. decreases jobs. b. generates income. c. decreases productivity. d. reduces competition.
Answer the following statements true (T) or false (F)
1. While visual project management scheduling tools are important, we tend to better remember what we hear, rather than what we see. 2. The key components of PERT are activities, events, times, and the production schedule. 3. A planning sheet is a scheduling tool that uses bars to graphically illustrate a schedule and progress toward the objective over a period. 4. It is difficult to balance product demand with manufacturing capacity. 5. Quality control and inventory control overlap.
An example of internal secondary data is _____
a. ProQuest b. government census data c. a promotional budget obtained from your firm's advertising department d. an annual marketing report of a competitor obtained from a Web-based source