Two Key Inputs to Developing Forecasts Discussed in the Text

question 9

Multiple Choice

Two key inputs to developing forecasts discussed in the text are

• A) environmental scanning and stakeholder identification.
• B) environmental scanning and competitor intelligence.
• C) assessing internal strengths and environmental scanning.
• D) environmental scanning and a SWOT analysis.

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Definitions:

Lockbox System

A service provided by banks to accelerate collection of payments by having those payments sent to a special post office box rather than to the company.

Treasury Bills

Represent short-term government securities issued at a discount from the par value and mature without interest payments.

Collection Time

The typical period it takes for a company to receive payments due from its clients.

Lockbox System

A service provided by banks to companies for the collection of payments from customers, involving the use of a special address (PO Box) where customers send their payments.