Which of the Following Is least Likely to Help a Company

question 79

Multiple Choice

Which of the following is least likely to help a company minimize losses as credit standards are relaxed?

• A)Require potential customers to provide bank guarantees.
• B)Ask a potential customer for references regarding payment history.
• C)Increase the estimate of uncollectible accounts at the end of each period.
• D)Check a potential customer's credit rating.

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Definitions:

Social Framework

The structure of society that influences and organizes social interactions and relationships.

Expatriate Managers

Managers who are working in a country other than their native country, typically on a temporary but sometimes on a long-term basis.

Collectivistic Managers

Leaders who prioritize group goals over individual achievements and foster a sense of community and teamwork.

Harmoniously

In a manner that is marked by consensus, accord, or cooperative interaction among parties or elements.