If You Delay Paying Your Suppliers by an Additional Ten

question 80

Multiple Choice

If you delay paying your suppliers by an additional ten days, then:

• A)your payables turnover rate will increase.
• B)you will require less bank financing of your operations.
• C)the cash cycle will increase by ten days.
• D)your operating cycle will lengthen by ten days.
• E)your stock-out costs will rise.

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Definitions:

Critical Evaluator

A critical evaluator assesses projects, ideas, or performance with a focus on identifying strengths, weaknesses, and areas for improvement.

Outside Evaluators

Independent experts or organizations hired to assess the quality, effectiveness, or value of a program, project, or institution.

Force Field Analysis

A method used to identify and examine the forces for and against a change or decision, developed by Kurt Lewin.

Barriers to Change

Factors or conditions that prevent or hinder the process of change within an organization or an individual's life.