Which of the Following Actions Would Be Likely to Shorten

question 62

Multiple Choice

Which of the following actions would be likely to shorten the cash conversion cycle?

• A) Adopt a new manufacturing process that speeds up the conversion of raw materials to finished goods from 20 days to 10 days.
• B) Change the credit terms offered to customers from 3/10,net 30 to 1/10,net 50.
• C) Begin to take discounts on inventory purchases;we buy on terms of 2/10,net 30.
• D) Adopt a new manufacturing process that saves some labor costs but slows down the conversion of raw materials to finished goods from 10 days to 20 days.
• E) Change the credit terms offered to customers from 2/10,net 30 to 1/10,net 60.

---

Definitions:

Carmex Share Of Voice

The proportion of all advertising and promotional mentions or visibility that the Carmex brand receives compared to competitors.

Marketing Metrics

Marketing metrics are quantitative measures used to evaluate the effectiveness and efficiency of marketing actions, such as return on investment (ROI), customer acquisition cost, and conversion rates.

Carmex Mentions

References or discussions related to Carmex, a brand known for its lip balm products.

Likert Scale

A psychometric scale commonly involved in research that utilizes questionnaires, to measure respondents' attitudes or feelings towards a subject.