In Which of the Following Situations Will Credit Checking Be

question 42

Multiple Choice

In which of the following situations will credit checking be made the first step in the procedure of processing an order?

• A) during recession
• B) during a merger
• C) during an acquisition
• D) during inflation

Appreciate the role of communication in personal and professional settings.

Understand the concept of active listening and identify its components.

Recognize the elements and strategies of persuasion.

Distinguish between verbal and nonverbal forms of communication.

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Definitions:

Stock Exchange Bid

Corporate takeover bid communicated to the shareholders through a stock exchange.

Outstanding

Refers to the number of shares that are currently owned by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public.

Successful Takeover

is an event where a company or entity successfully acquires control over another company, usually by purchasing a majority of its stock shares.

Shareholders

Individuals or entities that own one or more shares of stock in a public or private corporation, thus having a financial stake in its success.