What should a company do to improve its accounts receivable turnover rate?
a. Lower its selling prices.
b. Increase its sales force.
c. Give customers credit terms of 2/10, n/30 rather than 1/10, n/30.
d. Reduce the number of employees working in the credit department.
c
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Operations management can add economic value by ______.
a. increasing costs to customers b. enhancing the value of products and services c. identifying markets for new products d. identifying new markets for existing products
Which of the following statements is FALSE?
A) Future consideration can be valid consideration. B) Past consideration is not valid consideration. C) A contract that is sealed satisfies the courts concern for consideration D) Each party to a contract must receive consideration of equal or similar value. E) Consideration can be in the form of goods, services or money.
The right of a member of an LLC to bring enforcement actions is an example of his ________
a. limited liability in the LLC b. management interest in the LLC c. future interest in the LLC d. financial interest in the LLC
According to Kassing’s five strategies, ______ is vowing to quit in order to get the management to respond.
A. threatening resignation B. repetition C. direct-factual appeals D. solution presentations