Using Aggressive Approach for Financing a Firm's Assets, Long Term

question 11

True/False

Using aggressive approach for financing a firm's assets, long term financing would be used only to finance fixed assets, while short term financing would be used to finance current assets including seasonal fluctuations.

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Definitions:

Organisational Resources

Assets, capabilities, organisational processes, firm attributes, information, and knowledge controlled by an organisation that enable it to improve its efficiency and effectiveness.

Underlying Beliefs

Fundamental convictions or assumptions that influence one's behavior and perception of the world, often unconsciously.

Behaviour

The actions or reactions of an individual or group in response to external or internal stimuli.

Values

Fundamental beliefs or ideals shared by the members of a culture about what is good or desirable and what is not, which governs their behavior.