Examlex
Conventionally, strategy is viewed as preceding organizational structure.Management writer Tom Peters states the opposite: "strategy follows structure." The relationship between strategy and structure is best described as:
Bank Credit Cards
Financial instruments issued by banks that allow cardholders to borrow funds with which to pay for goods and services, subject to the agreement that the funds will be repaid.
Credit Sales
Transactions in which goods or services are provided to a customer with the agreement that payment will be made at a later date.
Credit Card Sales
Transactions in which goods or services are purchased using a credit card, immediate revenue for the seller, albeit often with processing fees deducted by the credit card processor.
Credit Sales
Sales where payment is deferred to a later date, typically generating receivables for the selling entity.
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