To reduce the cost of collecting its accounts receivable, a company sells its accounts receivable to a financial organization. The service is called:
a. collection agency advance
b. lock-boxing
c. Factoring
d. Funding
C
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Cyrus accepts a position as a part-time clerk at a small hardware store. His manager, Max, wants to confirm Cyrus's hours for the next 10 days. This is a fairly routine and predictable situation, so Max
A. videoconferences with Cyrus. B. asks his lawyer to contact Cyrus. C. e-mails a follow-up to Cyrus. D. mails a handwritten note to Cyrus. E. schedules a meeting with Cyrus.
Organizations make proactive initiatives to keep their products from becoming a _____, which is any product that is sold for about the same price by a multitude of vendors in a highly competitive market, usually with a thin margin of profit.
Fill in the blank(s) with the appropriate word(s).
Which of the following is a way of saying that a corporation has a set of identifiable values that establish the expectations for what is normal within the firm?
A. Organizational structure B. Organizational code C. Organizational culture D. Organizational policy
?Define the four product categories used in the Boston Consulting Group (BCG) product-portfolio analysis.
What will be an ideal response?