Suppose a Firm Changes Its Credit Policy from 2/10 Net

question 85

True/False

Suppose a firm changes its credit policy from 2/10 net 30 to 3/10 net 30.The change is meant to meet competition, so no increase in sales is expected.The average accounts receivable balance will probably decline as a result of this change.

Understand the application of therapy techniques to treat specific psychological issues.

Articulate the strengths and limitations of humanistic therapy approaches.

Discuss the therapeutic goal of increasing self-awareness and personal growth.

Learn the use of therapy in diverse contexts beyond treating mental disorders.

---

Definitions:

Regressive

Term describing resistance to particular social changes, efforts to maintain the status quo, or attempts to reestablish an earlier form of social order.

Technological Determinism

The theory that society's technology drives the development of its social structures and cultural values.

Steam Engine

A heat engine that performs mechanical work using steam as its working fluid, playing a crucial role in the Industrial Revolution by powering factories, trains, and ships.

Regressive Social Movements

Movements aiming to reverse social progress or return to previous societal conditions.