Discuss Any Three Independent Strategies That a Firm May Use

question 3

Essay

Discuss any three independent strategies that a firm may use as a proactive response to its environment.

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Definitions:

Little Return

A situation where an investment yields a minimal profit, often below the expectations of the investor.

Low Level of Cash

This term indicates a situation where a business or individual has minimal amounts of liquid assets or money on hand.

Precautionary Demand

The desire to hold cash or liquid assets to guard against unexpected events.

Payments to Vendors

Money transfers made by a business to its suppliers for goods or services received.