Offering Trade Credit Discounts Is Costly to a Firm and as a Result

question 41

True/False

Offering trade credit discounts is costly to a firm and as a result, firms that offer trade discounts are usually those that are performing poorly and need cash quickly.

---

Definitions:

Affective Commitment

An employee's emotional attachment to, identification with, and involvement in a particular organization.

Positive Feeling

A general sense of contentment, happiness, or optimism that can positively affect one's outlook and behavior.

Employee Engagement

The level of an employee's emotional investment and commitment to their organization, influencing their willingness to put in discretionary effort at work.

Emotional Intelligence

Represents the ability to perceive, use, understand, manage, and handle emotions effectively in oneself and others, especially in interpersonal interactions.