The ___________ of RJ Nabisco Is "To Meet the Needs

question 124

Multiple Choice

The ___________ of RJ Nabisco is "to meet the needs of consumers through innovative marketing and manufacturing of healthful, good- tasting products that contribute to a healthy lifestyle and consumer well- being around the world, yielding above- average returns over time and for our shareholders."

• A)strategic plan
• B)tactical plan
• C)environmental plan
• D)mission

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Definitions:

Accounts Receivable Period

The accounts receivable period is the average number of days it takes a company to collect payments owed by its customers.

Operating Cycle

The period of time between the acquisition of goods for production and the cash received from their sale.

Cash Cycle

The period between the outlay of cash for the purchase of inventory and the receipt of cash from accounts receivable, representing the time it takes for a company to turn its investments in inventory back into cash.

Receivables Factoring

The process of selling a business's accounts receivable to a third party at a discount to quickly generate cash.