The basic strategies that should be employed by a business firm in managing cash includes ________

A) paying accounts payable as early as possible
B) turning over inventory as quickly as possible, avoiding stockouts
C) operating in a fashion that requires maximum cash
D) extending the credit period allowed to customers

B

Business

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A major advantage of a late markdown policy is that _____

a. lower markdowns are required b. selling space is freed for new merchandise c. the retailer has an opportunity to sell more merchandise at the original price d. a retailer's cash flow position is improved

Business

Advantages of SWOT include each of the following except

A) very simple to use. B) creates an awareness of political and environmental threats. C) encourages customers to provide routine feedback. D) allows the project manager to prepare appropriate response plans.

Business