Rapidly Growing Companies Often Buy Increasing Amounts of Merchandise from Suppliers

question 31

Multiple Choice

Rapidly growing companies often buy increasing amounts of merchandise from suppliers on credit,and then sell the goods to their customers on credit.These companies sometimes have difficulty repaying their suppliers when customers who buy on credit don't pay on time.Firms that experience this difficulty need to do a better job of:

• A)Generating revenue.
• B)Controlling inventory.
• C)Managing cash flows.
• D)Balancing assets with liabilities.

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Definitions:

Credit Card Information

Details pertaining to a credit card, including the card number, expiry date, and CVV, essential for executing financial transactions.

Direct Selling

A retail channel where products are marketed and sold directly to consumers, bypassing traditional retail stores.

Personal Interactions

Direct communications between individuals, which can influence perceptions, attitudes, and behaviors in various contexts, including sales and customer service.

Online Auction

A digital marketplace where buyers bid on items or services over the internet, and the highest bidder wins.