Potential risks of using short-term bank loans for permanent assets include

A) higher costs.
B) a loss of flexibility.
C) inability to renew the loans on favorable terms.
D) falling interest rates.

Answer: C

Business

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The task of determining prices is simplified by exchange rate fluctuations

Indicate whether the statement is true or false

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What is the practice of keeping a product generic as long as possible before customizing?

A) postponement B) keiretsu C) vendor-managed inventory D) forward integration E) backward integration

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