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Cindy Smith, VP of Finance at Digital Components, Inc.(DCI) , theorizes that the discount level offered to credit customers affects the average collection period on credit sales.Accordingly, she has designed an experiment to test her theory using four sales discount rates (0%, 2%, 4%, and 6%) .First, she classified DCI's credit customers into three categories by total assets (small, medium, and large) .Then, she randomly assigned four customers from each category to a sales discount rate.In Cindy's experiment "average collection period" is ___.
Labor Relations
The study and practice of managing relationships between employers and the workforce, often focusing on collective bargaining, union-management relations, and workplace conflict resolution.
Employee-Management Cooperation
A collaborative relationship between employees and management to improve working conditions, productivity, and organizational effectiveness.
Labor Unions
Organizations formed by workers from related fields that work together to protect their collective interests and negotiate with employers over wages, benefits, and working conditions.
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