A Manager Accepts an Assignment That Brings Him into Contact

question 79

Multiple Choice

A manager accepts an assignment that brings him into contact with many managers so that he can enhance his reputation or enhance his ability to acquire information. This is called__________ .

• A)increasing indispensability
• B)increasing centrality
• C)increasing nonsubstitutability
• D)creating a coalition

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Definitions:

Cash Collections

The process of gathering all payments or receivables from customers over a specific period.

Accounts Receivable

Money owed to a business by its customers for products or services that have been delivered or used but not yet paid for.

Cost of Goods Sold

The direct costs attributable to the production of the goods sold in a company, including material and labor costs.

Collection Period

The average number of days it takes a company to collect payments from its credit sales, reflecting the efficiency of its credit and collection policies.