XYZ Company experienced a significant increase in sales as a result of its new promotional campaign. Yesterday, however, it realized that because most of those sales were on credit, it did not have enough money in the bank to pay this month's bills. XYZ can take care of this situation temporarily by
A. obtaining long-term financing.
B. disallowing credit sales.
C. selling commercial drafts.
D. obtaining short-term financing.
E. issuing stock.
Answer: D
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Which of the following is an activity that would most likely be performed by a customer service representative (CSR)?
A) processing employee paperwork B) delivering supplies to the factory floor C) providing telephone support for installation D) calling on prospects to sell them the product E) reconciling bank statements with accounting records
In the product development stage, consumer reaction to the physical product/service is determined.
Answer the following statement true (T) or false (F)
Use ________ before words that start with a consonant, a long-sounding u or u sound, or the sound of w
a. an b. a
Jeff Sanders, head of finance for Components, Inc has just interviewed Laura Dern, an employee from the finance department of InChip, Components' chief competitor. Laura has explained that she has been passed over one too many times for a promotion at InChip and is thus in the job market. As Laura is leaving she whispers to Jeff, "Look, I have no contract at InChip that obligates me in anyway. I
can begin immediately. Further, I have been able to obtain copies of our newest computer chip designs. You'll have them before InChip even begins production.". a. Jeff should hire Laura on the spot without any worries about ethical breaches since Laura is not under contract. b. Jeff's hiring of Laura may constitute an ethical breach, but would not constitute illegal conduct. c. Jeff should not hire Laura, and must analyze the issue of whether to disclose Laura's conduct to InChip. d. Jeff should not hire Laura and need not worry about Laura's conduct and its impact on InChip.