Which of the Following Is an Example of a Local

question 28

Multiple Choice

Which of the following is an example of a local public?

• A) a company director who is working to improve the organization's public image
• B) a supplier responsible for sourcing most of the raw materials used in production
• C) a bank that helps a company acquire loans
• D) a federal regulatory agency that monitors business practices
• E) a community organization that addresses welfare issues in its neighbourhood

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Definitions:

Usage Of Cash

Refers to how a business or individual allocates and spends money for various purposes, such as operating expenses, investments, or savings.

Open Charge Accounts

Credit accounts that allow customers to buy goods or services on credit and pay the outstanding balance at the end of a billing cycle.

Cash Flow

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Personal Selling

A direct, one-on-one form of selling in which a salesperson uses skills and techniques to persuade a buyer to purchase a product or service.