Which of the following exemplifies a good practice when writing a letter extending credit?
A. Davis writing a letter using an inductive sequence
B. Amar emphasizing the acknowledgment of the order more than the credit aspect
C. Megha including sales promotional material in her letter
D. Tim concealing the basis for the decision to extend credit
Answer: C
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Which of the following strategy tools suggests that an organization will do better in fast-growing markets in which it has a high market share rather than in slow-growing markets in which it has a low market share?
A. SWOT analysis B. Porter's model for industry analysis C. Porter's competitive strategies D. The BCG matrix E. Trend analysis
Why is the audit trail necessary?
In effective global capacity management, the time horizon for monitoring and response is ______.
A. short to intermediate term (0–1 year) B. intermediate to long term (1–4 or more years) C. short to intermediate term (3–4 weeks) D. intermediate to long term (15–20 or more years)
Use this information to answer the following question. Beginning inventory 100 units @ $8.00 Purchase-Oct. 200 units @ $6.00 Purchase-Dec. 100 units @ $12.00 A periodic inventory system is used; ending inventory is 147 units. What is ending inventory under FIFO?
A) $1,382 B) $1,582 C) $1,282 D) $1,482