A Major Concern for Firms Selling on Credit Is

question 206

Multiple Choice

A major concern for firms selling on credit is

• A) the realization that many credit customers always pay their bills.
• B) the large amount of assets tied up in accounts receivable.
• C) the resulting increase in the debt ratio for the firm.
• D) the inability to utilize factoring as a source of financing.

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Definitions:

Trait Approach

The theory that effective leaders possess certain inherent personality traits or qualities.

Great Persons

A theory of leadership that suggests history is shaped by the impact of outstanding leaders or heroes with inherent traits of greatness.

Leadership Outcomes

The results or impacts of leadership actions, including the effects on team performance, employee satisfaction, and organizational success.

Leadership Traits

Characteristics or attributes that are commonly found in effective leaders, such as intelligence, determination, integrity, and sociability.