Assume You Put Your Purchases on Your Credit Card and Then

question 34

Multiple Choice

Assume you put your purchases on your credit card and then take advantage of any cash discounts offered. Which one of these credit terms do you prefer?

• A) 1/10, net 20
• B) 2/5, net 30
• C) 2/10, net 30
• D) 1/15, net 45
• E) 2/15, net 30

---

Definitions:

Normative Control

A management approach that seeks to influence employees' behavior and attitudes through the alignment of organisational norms and values.

Output Control

A management technique focused on measuring and regulating the output of employees or production processes to meet organizational goals.

Network Structure

The arrangement and interconnection of nodes or elements in a system that define how they communicate or relate.

Centralized Decision-Making

A decision-making process where major decisions are made by a small group of people or an individual at the top of an organizational hierarchy.