Corporate-level strategy allows business units to operate independently of one another

Stepanek Sales and Service provides free coffee to employees. Stepanek arranged with Ingebrigtson's Joe to deliver as many coffee packages, sugar, creamer, and filters as needed each week. Ingebrigtson's sends a monthly invoice for Stepanek to pay. This arrangement is best described as a

A) blanket purchase order. B) set purchase order. C) fixed purchase order. D) standard purchase order.

Commercial paper is much more liquid than money-market mutual funds because commercial

paper is available to only the most creditworthy corporations. Indicate whether the statement is true or false