Japanese business leaders rarely see change as a threat and therefore organizations readily adapt to changes

Peter, the owner of Happy Burger, is involved in the company's daily decisions and has established procedures for every task. The company rules are clearly specified in the handbook, and Peter also believes in close supervision of all employees. Happy Burger is a(n) ________ organization.

a. informal b. non-hierarchical c. mechanistic d. organic e. decentralized

Calculate the accounts receivable period for a firm with annual credit sales of $10 million and average accounts receivable of $2 million.

A) 51.00 days B) 20.00 days C) 73.00 days D) 18.25 days