Request for proposal (RFPs) usually are unnecessary for straight repurchase situations
Indicate whether the statement is true or false
TRUE
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Because a larger number of investors are involved in factoring than in securitization, companies can factor much larger amounts of receivables
Indicate whether the statement is true or false
What are two competitive advantages a customer may benefit from when buying a bottle of soda from a local corner convenience store versus a chain supermarket?
What will be an ideal response?
Ritzer argues that all aspects of our world are being rationalized through McDonaldization via four major mechanisms. One of those is the process of ‘Efficiency’, which of the following is an example of such a mechanism?
a. Using an explicitly stated and pre-programmed script so staff can quickly deal with customers b. Ensuring means of production – from produce through to staff – are of a minimal cost c. Using standardized procedures and machinery to produce standardized products and services so customers know what they are going to get irrespective of where or when they buy it d. Ensuring everyone wears the uniform, smiles at the customer and is extensively trained to ensure they stick to the pre-programmed script
Describe how you calculate CCC, Cash Conversion Cycle.
What will be an ideal response?