Metal Designs, Inc

question 105

Multiple Choice

Metal Designs, Inc., historically produced products for inventory.Now, the firm only produces a product when it receives an actual order from a customer.All else equal, this change will:

• A)increase the operating cycle.
• B)lengthen the accounts receivable period.
• C)shorten the accounts payable period.
• D)decrease the cash cycle.
• E)decrease the inventory turnover ratE.

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Definitions:

Relationship Marketing

A marketing strategy aimed at fostering long-term, engaging relationships with customers to build brand loyalty and repeat business.

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Relationship Marketing

focuses on building long-term relationships with customers, emphasizing customer retention and satisfaction over mere sales transactions.