Jodi owns a business that designs and creates lingerie. In an effort to get her product into as many stores as possible, Jodi has been lenient on the terms of collection, allowing stores at least 30 days credit
As a result, it is taking her too long to collect payments and she has inadequate cash flow. What is the MOST likely cause of Jodi's business difficulties?A) Jodi is not developing enough goodwill.
B) Jodi is trying to expand her business too rapidly.
C) Jodi is not adequately managing the financial aspects of her business.
D) Jodi is spending too much of her time on product design.
E) Jodi is making her product available at too many locations.
C
Explanation: C) Jodi's lenient credit terms are putting her business at risk of failing, which indicates that she is not properly managing the financial aspects of her business.
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