A Firm Sells on Terms of 2/10 Net 30 Days

question 54

True/False

a firm sells on terms of 2/10 net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tells us that the credit department is functioning efficiently and there are no past-due accounts.

Recognize the significance of social media and online platforms in modern marketing strategies.

Understand the ethical considerations in persuasion and the impact of persuasion in today's business environment.

Identify strategies to overcome resistance and build desire in persuasive messages.

Recognize the importance of creating messages that are direct, credible, and appropriately organized.

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Definitions:

Mission Statement

articulates an organization's core purpose and values, guiding its strategic direction and decision-making.

Pathos

A rhetorical device used in communication to appeal to the audience’s emotions, often to persuade or move them.

Profit

The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs involved in sustaining the activity.

Dollar Sales Revenue

The sum of all revenue earned from selling goods or services prior to subtracting any costs or expenses.