By Taking the Initiative in the Proposal Process, Policy Practitioners

question 4

Multiple Choice

By taking the initiative in the proposal process, policy practitioners:

• A) Could be at a disadvantage because their position is exposed first.
• B) Give prominence to their ideas.
• C) May be asked to amend their proposal at a later date.
• D) Are immune to criticism.

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Definitions:

Accounts Receivable Financing

A type of financing arrangement wherein a business uses its outstanding invoices as collateral to receive immediate funds from a lender.

Secured Short-Term Loan

A loan that is backed by collateral and has a maturity period of one year or less.

Assignment

The transfer of rights, property, or responsibilities from one party to another.

Factoring Of Receivables

The sale of a business's accounts receivable to a third party, at a discount, for immediate cash.